https://www.taxtmi.com/caselaws?id=750640 The note examines maintainability of a writ petition challenging arrest and remand under PMLA despite parallel proceedings in another High Court, treating the territorial arrest/remand challenge as distinct from the broader summons challenge. It also states that, where investigation in the predicate offence remains stayed, further coercive proceedings under PMLA may be treated as without a continuing foundation, at least prima facie, until the stay ceases. On arrest and remand, it stresses the statutory requirement to furnish grounds of arrest and the need for the remand court to apply its mind to those safeguards; a mechanical remand order may disclose prima facie non-compliance. Interim release was considered justified subject to conditions. en-us Fri, 15 Mar 2024 00:00:00 +0530 Tue, 26 Mar 2024 19:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750640 The note examines maintainability of a writ petition challenging arrest and remand under PMLA despite parallel proceedings in another High Court, treating the territorial arrest/remand challenge as distinct from the broader summons challenge. It also states that, where investigation in the predicate offence remains stayed, further coercive proceedings under PMLA may be treated as without a continuing foundation, at least prima facie, until the stay ceases. On arrest and remand, it stresses the statutory requirement to furnish grounds of arrest and the need for the remand court to apply its mind to those safeguards; a mechanical remand order may disclose prima facie non-compliance. Interim release was considered justified subject to conditions. Case-Laws Money Laundering Fri, 15 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750640