https://www.taxtmi.com/caselaws?id=446193 ECIR proceedings under the Prevention of Money-Laundering Act, including the summons, were stayed qua the petitioner because the ECIR rested on a customs offence treated as the scheduled predicate offence, and the petitioner had already obtained relief in the related customs adjudication. With the connected complaint proceedings also stayed earlier and all three matters arising from the same factual matrix, the Court found a sufficient prima facie basis for interim protection. The submission that money-laundering is an independent offence did not displace that interim relief on the facts before the Court. en-us Fri, 17 Nov 2023 00:00:00 +0530 Tue, 28 Nov 2023 07:41:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446193 ECIR proceedings under the Prevention of Money-Laundering Act, including the summons, were stayed qua the petitioner because the ECIR rested on a customs offence treated as the scheduled predicate offence, and the petitioner had already obtained relief in the related customs adjudication. With the connected complaint proceedings also stayed earlier and all three matters arising from the same factual matrix, the Court found a sufficient prima facie basis for interim protection. The submission that money-laundering is an independent offence did not displace that interim relief on the facts before the Court. Case-Laws Money Laundering Fri, 17 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446193