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Corruption is a termite eating up the new India. It is high time we as a society take charge of it and sharp tools like PMLA to eradicate corruption once and for all. It is our responsibility that no one can take advantage of the grey areas and loopholes.

26. The provisions of the PMLA indicate that it is a special act and is a complete code in itself, which does not come into the preview of other criminal law statute. No one can take benefit of the ground that there is a possibility of him getting prosecuted in future and under Section 50 of the PMLA, it is not mandatory that before appearing in front of the authority, a copy of ECIR is to be supplied therefore the petitioners cannot claim copy of ECIR as a right. It is clear from the documents filed by both the parties that the petitioner was not acquitted in the FERA case but was imposed with fine after which the authorities started investigation under PMLA. The impugned summons were issued under Section 50 PMLA and there is nothing on record by which it can be inferred that the issuance of summons by the respondents for investigation has caused or has the effect of causing any prejudice to any of the petitioners. Therefore, at this stage, the supply of a copy of ECIR is not necessary. Accordingly, the petitions being found devoid of merits stands dismissed with all the pending applications.