2024 (8) TMI 1647

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....harge petition filed by the petitioner under section 227 of Cr.P.C has been rejected by the Trial Court, thus, the present revision came to be instituted. 2. The learned counsel for the petitioner would mainly contend that the petitioner is no way connected with the banking transaction. He assisted A1 to fill forms in the Indian Bank and he was not even aware about the identity of A1 and therefore, he has been wrongly implicated in the criminal case. It is contended that the petitioner identified one Mr. Kannan and subsequently, came to know that he is not Kannan and Kannan was impersonated and the actual name of that person is Mr. Kavinsiddarth. In order to substantiate the said contention, the learned counsel for the petitioner would c....

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....or activity, connected with the proceeds of crime including its concealment, possession, acquisition or use and projecting or claiming it as untainted property, shall be guilty of offence of money laundering. The wider scope provided under Section 3 would amplify that persons indirectly attempted can be brought under the provisions of PMLA. Beyond that, a person actually involved in any process is amenable to prosecution under PMLA. The phrases used under Section 3 are unambiguous. In between each phrase, word employed is "or". 6. Accordingly, the following persons can be brought under Section 3 of the Prevention of Money Laundering Act:- (i) Persons directly or indirectly attempts to indulge (ii) Knowingly assist ....

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....7692 in the name and style of M/s BK Electro tool Products maintained with Indian Bank, Thousand Light Branch, Chennai in his own handwriting at the request of A-1. 3. He filled the Account Opening Form (AOF) of current account No. 67366144836 in the name and style of M/s B K Electro tool Products maintained with SBT, Mount Road branch; in his own handwriting at the request of A-1. 4. He filled Cheque bearing No. 747503 dated 15.09.2016 for Rs.13,500.00 drawn on Indian Bank, Thousand Light Branch; in his own handwriting at the request of A-1. 5. He filled Cheque bearing No. 747504 dated 12.09.2016 for Rs. 13,500.00 drawn on Indian Bank, Thousand Lights branch; in his own handwriting at the request of A-1. ....