Money Laundering - Limitations of Enforcement Directorate's ...

High Court rules ED's info sharing with police under PMLA is lawful, supporting FIR on IPC predicate offenses as legitimate action.

March 2, 2024

Case Laws Money Laundering HC

Money Laundering - Limitations of Enforcement Directorate's Powers under PMLA - The High Court found no overreach in the ED's actions, stating that the ED was within its rights to share information with the police for further action, and that the communication did not amount to a directive to register an FIR but was merely sharing of information based on credible evidence of illegal activities. - The Court found that the FIR was based on predicate offenses cognizable under the IPC, and the subsequent actions by the ED and police were in accordance with their statutory duties.

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Money Laundering - Limitations of Enforcement Directorate's ...

High Court rules ED's info sharing with police under PMLA is lawful, supporting FIR on IPC predicate offenses as legitimate action.

March 2, 2024

Case Laws Money Laundering HC

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