https://www.taxtmi.com/highlights?id=87056 The AT dismissed the appeal challenging an investigation under the Prevention of Money Laundering Act, 2002. Despite the appellant's argument that the predicate offence agency failed to file a charge sheet for over 9 years, the Tribunal found no delay on the respondent's part, as the ECIR was properly recorded following an FIR registered on 14.12.2016 for offences under Sections 409, 420, 120-B IPC read with Sections 7 and 13 of the Prevention of Corruption Act, 1988. The Tribunal declined to comment on the predicate agency's alleged delay as they were not a party to the proceedings, and the appellant failed to cite any legal provision or precedent establishing how such delay would affect PMLA proceedings. en-us Thu, 03 Apr 2025 07:50:41 +0530 Thu, 03 Apr 2025 07:50:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=87056 The AT dismissed the appeal challenging an investigation under the Prevention of Money Laundering Act, 2002. Despite the appellant's argument that the predicate offence agency failed to file a charge sheet for over 9 years, the Tribunal found no delay on the respondent's part, as the ECIR was properly recorded following an FIR registered on 14.12.2016 for offences under Sections 409, 420, 120-B IPC read with Sections 7 and 13 of the Prevention of Corruption Act, 1988. The Tribunal declined to comment on the predicate agency's alleged delay as they were not a party to the proceedings, and the appellant failed to cite any legal provision or precedent establishing how such delay would affect PMLA proceedings. Highlights Money Laundering Thu, 03 Apr 2025 07:50:41 +0530 https://www.taxtmi.com/highlights?id=87056