https://www.taxtmi.com/caselaws?id=757404 PMLA jurisdiction depends on an underlying scheduled offence because "proceeds of crime" can arise only from criminal activity relating to such an offence. The Court stated that, where the police case and charge-sheet disclose only non-scheduled offences, prosecution for money laundering cannot be sustained unless a scheduled offence is registered, is pending inquiry, or is otherwise found in criminal proceedings before the competent court. It also held that the Enforcement Directorate cannot independently treat non-scheduled offences as scheduled offences or assume jurisdiction to register an ECIR on that basis. The PMLA complaint, prosecution case, and charges were quashed, with liberty to proceed afresh if a competent criminal court later frames charges for scheduled offences. en-us Wed, 14 Aug 2024 00:00:00 +0530 Sat, 24 Aug 2024 09:04:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=757404 PMLA jurisdiction depends on an underlying scheduled offence because "proceeds of crime" can arise only from criminal activity relating to such an offence. The Court stated that, where the police case and charge-sheet disclose only non-scheduled offences, prosecution for money laundering cannot be sustained unless a scheduled offence is registered, is pending inquiry, or is otherwise found in criminal proceedings before the competent court. It also held that the Enforcement Directorate cannot independently treat non-scheduled offences as scheduled offences or assume jurisdiction to register an ECIR on that basis. The PMLA complaint, prosecution case, and charges were quashed, with liberty to proceed afresh if a competent criminal court later frames charges for scheduled offences. Case-Laws Money Laundering Wed, 14 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=757404