https://www.taxtmi.com/caselaws?id=468485 A direction to register an ECIR cannot be sustained merely because a prima facie view exists that a predicate offence has been made out. The Supreme Court held that, on the facts, the High Court's direction was unwarranted at that stage where it had proceeded on a prima facie conclusion of breach of trust, cheating, and possible application of the Prevention of Money Laundering Act, 2002. The portion of the judgment requiring ECIR registration was set aside, and the ECIR registered pursuant to that direction was quashed. The Enforcement Directorate was left free to independently decide whether proceedings under the PMLA should be initiated. en-us Mon, 03 Mar 2025 00:00:00 +0530 Fri, 08 May 2026 21:01:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468485 A direction to register an ECIR cannot be sustained merely because a prima facie view exists that a predicate offence has been made out. The Supreme Court held that, on the facts, the High Court's direction was unwarranted at that stage where it had proceeded on a prima facie conclusion of breach of trust, cheating, and possible application of the Prevention of Money Laundering Act, 2002. The portion of the judgment requiring ECIR registration was set aside, and the ECIR registered pursuant to that direction was quashed. The Enforcement Directorate was left free to independently decide whether proceedings under the PMLA should be initiated. Case-Laws Money Laundering Mon, 03 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468485