https://www.taxtmi.com/caselaws?id=415276 PMLA investigation may begin on the basis of a registered scheduled offence and prima facie material showing proceeds of crime, without waiting for filing of the final report in the predicate offence. The powers to summon under Section 50 permit examination during investigation and are distinct from provisional attachment. However, a summons under the Act must strictly follow Form-V under the 2005 Rules; an added direction restraining departure until permitted was held prejudicial and contrary to the prescribed format. The legal position therefore supports investigative jurisdiction before completion of the predicate case, while requiring strict compliance with the statutory form of summons. en-us Tue, 23 Nov 2021 00:00:00 +0530 Thu, 02 Dec 2021 08:51:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=415276 PMLA investigation may begin on the basis of a registered scheduled offence and prima facie material showing proceeds of crime, without waiting for filing of the final report in the predicate offence. The powers to summon under Section 50 permit examination during investigation and are distinct from provisional attachment. However, a summons under the Act must strictly follow Form-V under the 2005 Rules; an added direction restraining departure until permitted was held prejudicial and contrary to the prescribed format. The legal position therefore supports investigative jurisdiction before completion of the predicate case, while requiring strict compliance with the statutory form of summons. Case-Laws Money Laundering Tue, 23 Nov 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=415276