https://www.taxtmi.com/caselaws?id=442261 A complaint under the Prevention of Money Laundering Act was not quashed under Section 482 CrPC because the complaint materials, including statements recorded under Section 50 PMLA, disclosed a prima facie nexus between the petitioners and the company and possible handling of proceeds of crime. Questions about source of funds, ownership of properties, and the extent of involvement were treated as disputed issues unsuitable for summary determination in inherent jurisdiction. The matter did not satisfy the recognised exceptions for quashing under the Bhajan Lal principles, and the complaint was allowed to proceed to trial. en-us Thu, 10 Aug 2023 00:00:00 +0530 Mon, 28 Aug 2023 08:17:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442261 A complaint under the Prevention of Money Laundering Act was not quashed under Section 482 CrPC because the complaint materials, including statements recorded under Section 50 PMLA, disclosed a prima facie nexus between the petitioners and the company and possible handling of proceeds of crime. Questions about source of funds, ownership of properties, and the extent of involvement were treated as disputed issues unsuitable for summary determination in inherent jurisdiction. The matter did not satisfy the recognised exceptions for quashing under the Bhajan Lal principles, and the complaint was allowed to proceed to trial. Case-Laws Money Laundering Thu, 10 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442261