https://www.taxtmi.com/caselaws?id=284835 The court dismissed the Criminal Original Petition, emphasizing that the closure of the predicated offence by the CBI does not terminate proceedings under the Prevention of Money Laundering Act. It found sufficient evidence to support allegations of criminal conspiracy and scheduled offences, highlighting the independent nature of money laundering offences. The burden of proof under the Act lies with the accused, and previous judgments cited reinforced the self-contained nature of PMLA proceedings. The court directed expedited trial proceedings, urging the Principal Sessions Judge to conclude the case within nine months, ultimately dismissing the connected criminal miscellaneous petition. en-us Fri, 04 Oct 2019 00:00:00 +0530 Thu, 12 Dec 2019 16:50:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284835 The court dismissed the Criminal Original Petition, emphasizing that the closure of the predicated offence by the CBI does not terminate proceedings under the Prevention of Money Laundering Act. It found sufficient evidence to support allegations of criminal conspiracy and scheduled offences, highlighting the independent nature of money laundering offences. The burden of proof under the Act lies with the accused, and previous judgments cited reinforced the self-contained nature of PMLA proceedings. The court directed expedited trial proceedings, urging the Principal Sessions Judge to conclude the case within nine months, ultimately dismissing the connected criminal miscellaneous petition. Case-Laws Money Laundering Fri, 04 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284835