https://www.taxtmi.com/caselaws?id=473063 Under the Prevention of Money Laundering Act, 2002, a Special Court may take direct cognizance of a money-laundering complaint without hearing the accused beforehand; the special procedure prevails over inconsistent general criminal procedure. The savings provision of the Bharatiya Nagarik Suraksha Sanhita, 2023, preserves the earlier procedural regime where the investigation began before the new law commenced. A coal-block allocation letter is not itself proceeds of crime, but gains obtained by using the allocation, including through preferential share issues, may qualify. An assessment at the summoning stage does not determine charges or final liability. en-us Wed, 20 Nov 2024 00:00:00 +0530 Tue, 03 Nov 2026 18:55:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=473063 Under the Prevention of Money Laundering Act, 2002, a Special Court may take direct cognizance of a money-laundering complaint without hearing the accused beforehand; the special procedure prevails over inconsistent general criminal procedure. The savings provision of the Bharatiya Nagarik Suraksha Sanhita, 2023, preserves the earlier procedural regime where the investigation began before the new law commenced. A coal-block allocation letter is not itself proceeds of crime, but gains obtained by using the allocation, including through preferential share issues, may qualify. An assessment at the summoning stage does not determine charges or final liability. Case-Laws Money Laundering Wed, 20 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=473063