https://www.taxtmi.com/caselaws?id=464638 Proceedings under the Prevention of Money Laundering Act, 2002 were discussed as capable of continuing independently where money laundering and proceeds of crime are alleged, even though the challenge rested on the absence of a scheduled predicate offence at the time of the transaction. The text notes that the earlier inter partes decision had already rejected that objection and that the matter was not reopened. It also states that a cognizance order need not contain elaborate reasons if it shows consideration of the complaint and supporting material and discloses a prima facie basis to proceed. The challenged cognizance and summons were therefore treated as legally sustainable. en-us Mon, 13 Jun 2022 00:00:00 +0530 Fri, 07 Nov 2025 20:13:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464638 Proceedings under the Prevention of Money Laundering Act, 2002 were discussed as capable of continuing independently where money laundering and proceeds of crime are alleged, even though the challenge rested on the absence of a scheduled predicate offence at the time of the transaction. The text notes that the earlier inter partes decision had already rejected that objection and that the matter was not reopened. It also states that a cognizance order need not contain elaborate reasons if it shows consideration of the complaint and supporting material and discloses a prima facie basis to proceed. The challenged cognizance and summons were therefore treated as legally sustainable. Case-Laws Money Laundering Mon, 13 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464638