Discharge In Main Offence Doesn’t Nullify Money Laundering Case Under Section 3 Of PMLA: Jammu & Kashmir High Court
The Jammu and Kashmir and Ladakh High Court, through Justice Wasim Sadiq Nargal, has ruled that discharge or acquittal in a predicate (scheduled) offence does not nullify proceedings under the Prevention of Money Laundering Act, 2002 (PMLA). The Court clarified that money laundering is a distinct and standalone offence, governed by its own legal framework and objectives. Petition to quash ECIR and summons dismissed The Court dismissed a petition filed…
