https://www.taxtmi.com/caselaws?id=799819 Under the PMLA framework, an ECIR is an internal administrative record rather than an FIR and is not a statutory precondition for enquiries into suspected proceeds of crime. A first-instance acquittal in the scheduled offence, while open to appeal, does not amount to final absolution; however, money-laundering action cannot continue after final absolution. Section 66(2) permits sharing independently gathered material concerning violations of other laws. Disputes over the source, character, and retention of seized assets fall within the specialised adjudication and appellate process, and writ jurisdiction should not bypass that fact-finding mechanism or run concurrently with pending statutory proceedings. en-us Tue, 01 Sep 2026 00:00:00 +0530 Mon, 28 Sep 2026 08:12:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799819 Under the PMLA framework, an ECIR is an internal administrative record rather than an FIR and is not a statutory precondition for enquiries into suspected proceeds of crime. A first-instance acquittal in the scheduled offence, while open to appeal, does not amount to final absolution; however, money-laundering action cannot continue after final absolution. Section 66(2) permits sharing independently gathered material concerning violations of other laws. Disputes over the source, character, and retention of seized assets fall within the specialised adjudication and appellate process, and writ jurisdiction should not bypass that fact-finding mechanism or run concurrently with pending statutory proceedings. Case-Laws Money Laundering Tue, 01 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799819