HC rejected discharge application in money laundering case ...

Resolution Professional Deemed Public Servant Under Prevention of Corruption Act; Money Laundering Trial to Proceed Under PMLA Section 3

February 20, 2025

Case Laws Money Laundering HC

HC rejected discharge application in money laundering case involving Resolution Professional (RP). Court affirmed RPs qualify as public servants under Prevention of Corruption Act due to public nature of duties. Regarding money laundering charges under PMLA, court emphasized Section 3's broad scope covering all processes dealing with proceeds of crime. At discharge stage, court found sufficient prima facie evidence warranting trial, noting that detailed evidence evaluation occurs during trial, not discharge stage. Court held that given gravity of allegations and presence of material evidence, case merited full trial proceedings. Discharge application was consequently dismissed, requiring accused to face trial on both corruption and money laundering charges.

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HC rejected discharge application in money laundering case ...

Resolution Professional Deemed Public Servant Under Prevention of Corruption Act; Money Laundering Trial to Proceed Under PMLA Section 3

February 20, 2025

Case Laws Money Laundering HC

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