https://www.taxtmi.com/caselaws?id=766567 Under the unamended Prevention of Money-Laundering Act, 2002, a scheduled offence under Section 2(y) covered a Part A offence, or a Part B offence only where the total value involved was thirty lakh rupees or more. In a complaint under Section 44, no Part A scheduled offence was alleged and the Part B offences were stated to involve less than thirty lakh rupees. On that statutory footing, the jurisdictional basis for continuing the complaint was absent, and the complaint was held not maintainable and quashed. en-us Thu, 20 Feb 2025 00:00:00 +0530 Fri, 28 Feb 2025 08:23:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766567 Under the unamended Prevention of Money-Laundering Act, 2002, a scheduled offence under Section 2(y) covered a Part A offence, or a Part B offence only where the total value involved was thirty lakh rupees or more. In a complaint under Section 44, no Part A scheduled offence was alleged and the Part B offences were stated to involve less than thirty lakh rupees. On that statutory footing, the jurisdictional basis for continuing the complaint was absent, and the complaint was held not maintainable and quashed. Case-Laws Money Laundering Thu, 20 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766567