https://www.taxtmi.com/caselaws?id=441500 A person not arrayed as an accused in his individual capacity cannot be remanded to judicial custody merely to represent corporate accused persons in proceedings under the Prevention of Money Laundering Act. The court noted that companies, as juristic persons, may be prosecuted and represented according to law, but the procedural framework does not permit custodial detention of a non-accused director solely for that representative role. The remand order was therefore unsustainable and was set aside, with release from custody directed. en-us Mon, 07 Aug 2023 00:00:00 +0530 Thu, 10 Aug 2023 07:56:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=441500 A person not arrayed as an accused in his individual capacity cannot be remanded to judicial custody merely to represent corporate accused persons in proceedings under the Prevention of Money Laundering Act. The court noted that companies, as juristic persons, may be prosecuted and represented according to law, but the procedural framework does not permit custodial detention of a non-accused director solely for that representative role. The remand order was therefore unsustainable and was set aside, with release from custody directed. Case-Laws Money Laundering Mon, 07 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=441500