https://www.taxtmi.com/highlights?id=79033 The petitioner sought to restrain criminal proceedings for money laundering. Citing a Supreme Court case, it was held that money laundering can be a continuing offence regardless of the scheduled offence date. The petitioner referenced a review petition, but as the law remains binding until reviewed, the stay request was denied. Section 13 of PC Act is a scheduled offence under PMLA, thus the claim of double jeopardy lacks merit. The Court dismissed the applications seeking a stay of trial court proceedings based on the above analysis. en-us Wed, 03 Jul 2024 08:42:02 +0530 Wed, 03 Jul 2024 08:42:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79033 The petitioner sought to restrain criminal proceedings for money laundering. Citing a Supreme Court case, it was held that money laundering can be a continuing offence regardless of the scheduled offence date. The petitioner referenced a review petition, but as the law remains binding until reviewed, the stay request was denied. Section 13 of PC Act is a scheduled offence under PMLA, thus the claim of double jeopardy lacks merit. The Court dismissed the applications seeking a stay of trial court proceedings based on the above analysis. Highlights Money Laundering Wed, 03 Jul 2024 08:42:02 +0530 https://www.taxtmi.com/highlights?id=79033