Author: Aditya Belsare
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Settled Position or Persisting Confusion: Examining the Evolving Jurisprudence on PMLA Offence vis-à-vis Predicate Offence
One of the current debates relating to the Prevention of Money Laundering Act, 2002 (“PMLA”) concerns the relationship between the predicate offence and the offence of money laundering under PMLA. While the Supreme Court in 2022 declared that money laundering can only exist when the predicate offence does, the implications of quashing, dismissal, or acquittal…