https://www.taxtmi.com/caselaws?id=433062 The High Court concluded that the prosecution under the Prevention of Money Laundering Act cannot continue if the scheduled offence is quashed. The foundation of the PMLA prosecution relies on the commission of a scheduled offence, and if this basis is removed, the prosecution under the PMLA must be dismissed. Consequently, the High Court quashed the proceeding in Criminal Misc. Case (PMLA) No.40 of 2017. en-us Fri, 13 Jan 2023 00:00:00 +0530 Fri, 20 Jan 2023 08:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433062 The High Court concluded that the prosecution under the Prevention of Money Laundering Act cannot continue if the scheduled offence is quashed. The foundation of the PMLA prosecution relies on the commission of a scheduled offence, and if this basis is removed, the prosecution under the PMLA must be dismissed. Consequently, the High Court quashed the proceeding in Criminal Misc. Case (PMLA) No.40 of 2017. Case-Laws Money Laundering Fri, 13 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433062