https://www.taxtmi.com/caselaws?id=429729 The High Court held that framing charges under the Prevention of Money Laundering Act (PMLA) against the petitioners post their acquittal in predicate offences under the Indian Penal Code was not sustainable. Relying on recent Supreme Court judgments, the court concluded that if a person is acquitted of the scheduled offence, there can be no offence of money laundering against them. The court emphasized that continuing the PMLA proceedings would lead to an abuse of the legal process and miscarriage of justice. Consequently, the charges against the petitioners were quashed. en-us Wed, 24 Aug 2022 00:00:00 +0530 Sat, 19 Nov 2022 12:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=429729 The High Court held that framing charges under the Prevention of Money Laundering Act (PMLA) against the petitioners post their acquittal in predicate offences under the Indian Penal Code was not sustainable. Relying on recent Supreme Court judgments, the court concluded that if a person is acquitted of the scheduled offence, there can be no offence of money laundering against them. The court emphasized that continuing the PMLA proceedings would lead to an abuse of the legal process and miscarriage of justice. Consequently, the charges against the petitioners were quashed. Case-Laws Money Laundering Wed, 24 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=429729