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1 - 10 of 62 (0.54 seconds)Section 50 in The Prevention of Money-Laundering Act, 2002 [Entire Act]
The Prevention of Money-Laundering Act, 2002
Section 227 in The Code of Criminal Procedure, 1973 [Entire Act]
Section 4 in The Prevention of Money-Laundering Act, 2002 [Entire Act]
Vijay Madanlal Choudhary vs Union Of India on 27 July, 2022
Subsequently, a person
unconnected with the offence of extortion may assist the
said accused in the concealment of the proceeds of
extortion. In such a case, the person who assists the
accused in the scheduled offence for concealing the
proceeds of the crime of extortion can be guilty of the
offence of money-laundering. Therefore, it is not necessary
that a person against whom the offence under Section 3
PMLA is alleged must have been shown as the accused in
the scheduled offence. What is held in para 135 of the
decision of this Court in Vijay Madanlal Choudhary v.
Union of India, (2023) 12 SCC 1] supports the above
conclusion. The conditions precedent for attracting the
offence under Section 3 PMLA are that there must be a
83
2025:JHHC:34674
scheduled offence and that there must be proceeds of
crime in relation to the scheduled offence as defined in
clause (u) of sub-section (1) of Section 3 PMLA."