https://www.taxtmi.com/caselaws?id=314074 Prosecution under the Prevention of Money Laundering Act cannot continue once the scheduled offence has ended in final acquittal, discharge, or quashing, because the existence of a subsisting predicate offence is the jurisdictional foundation for section 3. Where the co-accused in the predicate case had been finally acquitted and no contrary basis remained, the complaint, ECIR, and consequential proceedings could not be sustained and were liable to be quashed. en-us Mon, 15 Jan 2024 00:00:00 +0530 Thu, 16 May 2024 06:35:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=314074 Prosecution under the Prevention of Money Laundering Act cannot continue once the scheduled offence has ended in final acquittal, discharge, or quashing, because the existence of a subsisting predicate offence is the jurisdictional foundation for section 3. Where the co-accused in the predicate case had been finally acquitted and no contrary basis remained, the complaint, ECIR, and consequential proceedings could not be sustained and were liable to be quashed. Case-Laws Money Laundering Mon, 15 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=314074