https://www.taxtmi.com/caselaws?id=411087 The Telangana HC held that prosecution under the Prevention of Money-Laundering Act, 2002 is an independent proceeding founded on proceeds of crime and need not await trial of the scheduled offence. The statutory scheme, including the jurisdiction provision and burden of proof, does not require simultaneous or joint trial of the predicate offences and money-laundering offences, even if both are tried by the same court. As the Act does not make PMLA proceedings contingent on the outcome of the scheduled case, the refusal to defer the money-laundering trial was legally sustainable and the challenge failed. en-us Tue, 10 Aug 2021 00:00:00 +0530 Mon, 16 Aug 2021 15:12:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=411087 The Telangana HC held that prosecution under the Prevention of Money-Laundering Act, 2002 is an independent proceeding founded on proceeds of crime and need not await trial of the scheduled offence. The statutory scheme, including the jurisdiction provision and burden of proof, does not require simultaneous or joint trial of the predicate offences and money-laundering offences, even if both are tried by the same court. As the Act does not make PMLA proceedings contingent on the outcome of the scheduled case, the refusal to defer the money-laundering trial was legally sustainable and the challenge failed. Case-Laws Money Laundering Tue, 10 Aug 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=411087