https://www.taxtmi.com/caselaws?id=771420 Money laundering under the Prevention of Money Laundering Act, 2002 may proceed even where the accused is not named in the scheduled-offence charge-sheet, if the complaint alleges receipt, layering, concealment, acquisition or use of proceeds of crime and the scheduled offence still survives. The offence is treated as independent, but it remains anchored to the existence of a predicate scheduled offence and material showing dealing with proceeds of crime. The proceedings are barred only when the scheduled offence itself is fully extinguished through quashing, discharge or acquittal of all accused. On that basis, the challenge to cognizance and summoning was rejected and the prosecution was held maintainable. en-us Wed, 14 May 2025 00:00:00 +0530 Mon, 26 May 2025 08:52:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771420 Money laundering under the Prevention of Money Laundering Act, 2002 may proceed even where the accused is not named in the scheduled-offence charge-sheet, if the complaint alleges receipt, layering, concealment, acquisition or use of proceeds of crime and the scheduled offence still survives. The offence is treated as independent, but it remains anchored to the existence of a predicate scheduled offence and material showing dealing with proceeds of crime. The proceedings are barred only when the scheduled offence itself is fully extinguished through quashing, discharge or acquittal of all accused. On that basis, the challenge to cognizance and summoning was rejected and the prosecution was held maintainable. Case-Laws Money Laundering Wed, 14 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771420