2024 (5) TMI 939 - SCH - Money Laundering

Money Laundering - issuance of summons in the background of Articles 20(3) and 21 of the Constitution - cause of action - power conferred upon the authorities by virtue of Section 50 of PMLA - it was held by High Court that ' This Court finds no good ground to quash the summons issued under Section 50 of PMLA to the petitioner or the impugned ECIR's ' - HELD THAT - There are no reason to interfere with the impugned judgment and hence, the special leave petition is dismissed.

Summary

The Supreme Court dismissed the special leave petition and stated that the petitioner, Saurabh Mukund, can inform the authorities about being an accused in a complaint filed by the Enforcement Directorate. Any pending applications will be disposed of.