https://www.taxtmi.com/highlights?id=96413 PMLA liability is contingent on a subsisting scheduled (predicate) offence and identifiable proceeds of crime; absent generation of proceeds, layering or siphoning cannot be established and prosecution under sections 3 read with 4 cannot be sustained. Appellate orders setting aside provisional and confirmed attachments, together with final discharge of accused in the predicate offences, remove the legal basis for continuing money-laundering proceedings and the associated property attachments; those applicants who sought discharge should be released from the money-laundering charge. Proceedings remain undetermined only for accused who have not secured discharge or whose challenges are pending. en-us Thu, 29 Jan 2026 09:51:31 +0530 Thu, 29 Jan 2026 09:51:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=96413 PMLA liability is contingent on a subsisting scheduled (predicate) offence and identifiable proceeds of crime; absent generation of proceeds, layering or siphoning cannot be established and prosecution under sections 3 read with 4 cannot be sustained. Appellate orders setting aside provisional and confirmed attachments, together with final discharge of accused in the predicate offences, remove the legal basis for continuing money-laundering proceedings and the associated property attachments; those applicants who sought discharge should be released from the money-laundering charge. Proceedings remain undetermined only for accused who have not secured discharge or whose challenges are pending. Highlights Money Laundering Thu, 29 Jan 2026 09:51:31 +0530 https://www.taxtmi.com/highlights?id=96413