2017 (3) TMI 1766

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....vocate : PUBLIC PROSECUTOR TG ORDER: The revision petitioner is the 2nd accused of S.C.No.108 of 2015 on the file of learned Metropolitan Sessions Judge, Hyderabad. It was for the offence under Section 3 of the Prevention of Money Laundering Act, 2002 (for short 'PML Act'). A perusal of the enactment shows it was passed in the year 2002 as Act No.15/2003 and came into force with effect fr....

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....that he was instrumental in the account opening of Vasishta Vahan Private Limited in HSBC Bank. The alleged transfer of Rs. 3,89,891/- by M/s. Vasishta Vahan Private Limited into the account of the revision petitioner A.2 was prior to the Act came into force with effect from 01.07.2005 as it was the so called amounts transferred to a tune of Rs. 11,67,40,000/- that received by HSBC Bank account of....