https://www.taxtmi.com/caselaws?id=768198 A challenge concerning money laundering under the PMLA raised whether an application under Section 50 could be maintained before a Magistrate to direct recording of statements and thereby create a record under the Act. The court noted the statutory framework and the jurisdictional objection that the Magistrate had no power to entertain such an application. The petition was not entertained without expressing any opinion on the merits, and the question of law, if any, was left open. The special leave petition was dismissed. en-us Tue, 25 Mar 2025 00:00:00 +0530 Thu, 03 Apr 2025 07:50:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=768198 A challenge concerning money laundering under the PMLA raised whether an application under Section 50 could be maintained before a Magistrate to direct recording of statements and thereby create a record under the Act. The court noted the statutory framework and the jurisdictional objection that the Magistrate had no power to entertain such an application. The petition was not entertained without expressing any opinion on the merits, and the question of law, if any, was left open. The special leave petition was dismissed. Case-Laws Money Laundering Tue, 25 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=768198