https://www.taxtmi.com/caselaws?id=440851 The HC dismissed the revisional applications, determining that a prima facie case against the petitioner existed, warranting a trial. The court found the impugned orders rejecting the discharge applications legitimate, as the petitioner was implicated under Section 3 of the PMLA for her involvement in money laundering activities. The court also held that under Section 24 of the PMLA, the petitioner must rebut the presumption of involvement with proceeds of crime during the trial. Consequently, the discharge applications were rejected, and the trial was ordered to proceed. en-us Thu, 20 Jul 2023 00:00:00 +0530 Thu, 23 Nov 2023 14:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=440851 The HC dismissed the revisional applications, determining that a prima facie case against the petitioner existed, warranting a trial. The court found the impugned orders rejecting the discharge applications legitimate, as the petitioner was implicated under Section 3 of the PMLA for her involvement in money laundering activities. The court also held that under Section 24 of the PMLA, the petitioner must rebut the presumption of involvement with proceeds of crime during the trial. Consequently, the discharge applications were rejected, and the trial was ordered to proceed. Case-Laws Money Laundering Thu, 20 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=440851