https://www.taxtmi.com/caselaws?id=309173 Where the petitioners had been discharged in the predicate offences and the adjudicatory proceedings had ended with release of the attached property, continuation of the PMLA prosecution on the same facts was treated as an abuse of process. The Court applied the principle that exoneration on merits in the relevant adjudicatory or predicate proceedings weakens the basis for a criminal case, especially because criminal prosecution requires a higher standard of proof than adjudication. On that reasoning, the money-laundering proceedings were quashed. en-us Fri, 22 Apr 2022 00:00:00 +0530 Tue, 15 Aug 2023 14:43:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=309173 Where the petitioners had been discharged in the predicate offences and the adjudicatory proceedings had ended with release of the attached property, continuation of the PMLA prosecution on the same facts was treated as an abuse of process. The Court applied the principle that exoneration on merits in the relevant adjudicatory or predicate proceedings weakens the basis for a criminal case, especially because criminal prosecution requires a higher standard of proof than adjudication. On that reasoning, the money-laundering proceedings were quashed. Case-Laws Money Laundering Fri, 22 Apr 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=309173