https://www.taxtmi.com/caselaws?id=755951 Section 50 of the Prevention of Money Laundering Act authorises summons, truthful statements, and production of records during investigation, and its use is not barred merely because a person was earlier shown as a witness in a related complaint. The constitutional challenge based on Articles 20(3) and 21 and the Evidence Act was rejected because testimonial compulsion arises only where an accused is compelled to incriminate himself. The Court also held that money-laundering proceedings are distinct from the scheduled offence proceedings, and that subsequent material such as communications, records, and statements may justify proceeding against a witness as an accused if prima facie involvement emerges. The investigative steps, including summoning, arrest, and change of status, were upheld. en-us Fri, 19 Jul 2024 00:00:00 +0530 Tue, 23 Jul 2024 17:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755951 Section 50 of the Prevention of Money Laundering Act authorises summons, truthful statements, and production of records during investigation, and its use is not barred merely because a person was earlier shown as a witness in a related complaint. The constitutional challenge based on Articles 20(3) and 21 and the Evidence Act was rejected because testimonial compulsion arises only where an accused is compelled to incriminate himself. The Court also held that money-laundering proceedings are distinct from the scheduled offence proceedings, and that subsequent material such as communications, records, and statements may justify proceeding against a witness as an accused if prima facie involvement emerges. The investigative steps, including summoning, arrest, and change of status, were upheld. Case-Laws Money Laundering Fri, 19 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755951