https://www.taxtmi.com/caselaws?id=470419 Money-laundering liability under the Prevention of Money Laundering Act depends on property qualifying as proceeds of crime derived from criminal activity relating to a scheduled offence. Although money-laundering and scheduled-offence proceedings are distinct and need not be jointly tried, a money-laundering prosecution cannot survive a final discharge, acquittal, or quashing of the predicate offence. The analysis states that both matters should be handled by the same Special Court where applicable to prevent inconsistent outcomes. A direction requiring the money-laundering trial to precede the scheduled-offence trial was set aside; the money-laundering trial may continue, but final determination should await the scheduled-offence decision. en-us Thu, 08 Sep 2022 00:00:00 +0530 Mon, 27 Jul 2026 15:41:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=470419 Money-laundering liability under the Prevention of Money Laundering Act depends on property qualifying as proceeds of crime derived from criminal activity relating to a scheduled offence. Although money-laundering and scheduled-offence proceedings are distinct and need not be jointly tried, a money-laundering prosecution cannot survive a final discharge, acquittal, or quashing of the predicate offence. The analysis states that both matters should be handled by the same Special Court where applicable to prevent inconsistent outcomes. A direction requiring the money-laundering trial to precede the scheduled-offence trial was set aside; the money-laundering trial may continue, but final determination should await the scheduled-offence decision. Case-Laws Money Laundering Thu, 08 Sep 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=470419