https://www.taxtmi.com/caselaws?id=790014 Money-laundering proceedings under PMLA were held unsustainable where the predicate scheduled offence had ended in acceptance of the closure report and no contrary order existed. The Tribunal applied the principle that proceedings for proceeds of crime depend on the existence of a surviving scheduled offence, and distinguished authorities cited by the appellant because they arose in different procedural settings. On the facts, the criminal court's acceptance of the closure report continued to operate, so the PMLA action could not be maintained and the appeal was not fit for admission. en-us Mon, 24 Nov 2025 00:00:00 +0530 Sat, 18 Apr 2026 08:21:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790014 Money-laundering proceedings under PMLA were held unsustainable where the predicate scheduled offence had ended in acceptance of the closure report and no contrary order existed. The Tribunal applied the principle that proceedings for proceeds of crime depend on the existence of a surviving scheduled offence, and distinguished authorities cited by the appellant because they arose in different procedural settings. On the facts, the criminal court's acceptance of the closure report continued to operate, so the PMLA action could not be maintained and the appeal was not fit for admission. Case-Laws Money Laundering Mon, 24 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790014