https://www.taxtmi.com/caselaws?id=382253 A Look Out Circular issued during an ongoing Prevention of Money Laundering Act investigation was upheld where the record indicated non-cooperation, failure to furnish documents, and a risk of the person leaving the country. The Court reiterated that constitutional courts should exercise restraint in interfering with criminal investigations unless there is clear abuse of process, mala fides, or patent lack of jurisdiction. It also accepted that the issuing authority had statutory sanction and jurisdiction, and distinguished the cited precedent on its facts. The challenge to the Look Out Circular therefore failed, and the appeal was dismissed. en-us Mon, 17 Jun 2019 00:00:00 +0530 Fri, 28 Jun 2019 08:12:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=382253 A Look Out Circular issued during an ongoing Prevention of Money Laundering Act investigation was upheld where the record indicated non-cooperation, failure to furnish documents, and a risk of the person leaving the country. The Court reiterated that constitutional courts should exercise restraint in interfering with criminal investigations unless there is clear abuse of process, mala fides, or patent lack of jurisdiction. It also accepted that the issuing authority had statutory sanction and jurisdiction, and distinguished the cited precedent on its facts. The challenge to the Look Out Circular therefore failed, and the appeal was dismissed. Case-Laws Money Laundering Mon, 17 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=382253