https://www.taxtmi.com/caselaws?id=465752 An accused sought leave to withdraw an SLP challenging an HC ruling under the PMLA concerning "proceeds of crime" arising from alleged investor fraud and procurement of a housing licence on forged documents. The HC had held that prosecution for money-laundering can proceed even if a person is not named as an accused in a scheduled-offence FIR, so long as a scheduled offence exists, and that multiple FIRs could sustain an inference that proceeds of crime cannot be ruled out; consequently, it could not be concluded that no PMLA offence was made out. Before the SC, the SLP was dismissed as withdrawn. en-us Mon, 06 May 2024 00:00:00 +0530 Wed, 07 Jan 2026 15:40:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465752 An accused sought leave to withdraw an SLP challenging an HC ruling under the PMLA concerning "proceeds of crime" arising from alleged investor fraud and procurement of a housing licence on forged documents. The HC had held that prosecution for money-laundering can proceed even if a person is not named as an accused in a scheduled-offence FIR, so long as a scheduled offence exists, and that multiple FIRs could sustain an inference that proceeds of crime cannot be ruled out; consequently, it could not be concluded that no PMLA offence was made out. Before the SC, the SLP was dismissed as withdrawn. Case-Laws Money Laundering Mon, 06 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465752