https://www.taxtmi.com/caselaws?id=402976 Money laundering under the Prevention of Money Laundering Act is treated as an independent and stand-alone offence: prosecution under Section 3 can proceed on the basis of proceeds of crime and involvement in the connected process or activity, even if the accused is not prosecuted or convicted for the predicate offence. The challenge to attachment and its confirmation failed because the petitioner had already used the statutory appellate remedy, and no jurisdictional error or denial of natural justice was shown. The Court also held that confirmation of attachment after amendment did not make the proceedings unconstitutional. The writ petition was rejected and prosecution was held maintainable. en-us Thu, 17 Dec 2020 00:00:00 +0530 Sat, 16 Jan 2021 22:07:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402976 Money laundering under the Prevention of Money Laundering Act is treated as an independent and stand-alone offence: prosecution under Section 3 can proceed on the basis of proceeds of crime and involvement in the connected process or activity, even if the accused is not prosecuted or convicted for the predicate offence. The challenge to attachment and its confirmation failed because the petitioner had already used the statutory appellate remedy, and no jurisdictional error or denial of natural justice was shown. The Court also held that confirmation of attachment after amendment did not make the proceedings unconstitutional. The writ petition was rejected and prosecution was held maintainable. Case-Laws Money Laundering Thu, 17 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402976