https://www.taxtmi.com/caselaws?id=754895 Money laundering under the PMLA is treated as a continuing and independent offence centred on the process or activity connected with proceeds of crime. Pending appeal against conviction in the predicate offence does not, by itself, justify staying PMLA proceedings where the conviction has not been stayed. Questions about the existence of proceeds of crime and the applicability of Section 3 are matters for trial before the Special Court on evidence. The later inclusion of the scheduled offence in the PMLA schedule does not bar prosecution if the alleged dealings with proceeds of crime continued after it became a scheduled offence. Overlap with the predicate offence does not, on these facts, create double jeopardy or invalidate the prosecution. en-us Mon, 01 Jul 2024 00:00:00 +0530 Tue, 02 Jul 2024 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754895 Money laundering under the PMLA is treated as a continuing and independent offence centred on the process or activity connected with proceeds of crime. Pending appeal against conviction in the predicate offence does not, by itself, justify staying PMLA proceedings where the conviction has not been stayed. Questions about the existence of proceeds of crime and the applicability of Section 3 are matters for trial before the Special Court on evidence. The later inclusion of the scheduled offence in the PMLA schedule does not bar prosecution if the alleged dealings with proceeds of crime continued after it became a scheduled offence. Overlap with the predicate offence does not, on these facts, create double jeopardy or invalidate the prosecution. Case-Laws Money Laundering Mon, 01 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754895