One FIR, two investigating agencies & twice arrested: The flawed architecture of PMLA theweek.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theweek.in Daily Mail and Mail on Sunday newspapers.
Moser Baer case: ED challenges bail granted to Nitin Bhatnagar, High Court issues notice thenewsmill.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenewsmill.com Daily Mail and Mail on Sunday newspapers.
Justice Chawla observed that the Learned Trial Court can consider the application seeking permission to travel abroad in accordance with law without getting influenced by the pendency of the cancellation plea of the ED in the high court.
The Court held that a scheduled offence is the very foundation of the offence of money laundering and once a person is acquitted of the scheduled offence, the very foundation gets knocked out.
The Delhi High Court has ruled that once a person is discharged or acquitted from the scheduled offence, the properties attached under the PMLA cannot legally be treated as proceeds of crime or be.