India, Sept. 17 -- The Bombay High Court on Tuesday struck down a decade-long money-laundering case, related to the Maharashtra Sadan scam, against real estate developers Krishna Shantaram Chamankar, his brother Prasanna, and their partnership firm KS Chamankar Enterprises.

The court ruled that once the accused have been discharged from the predicate offence, proceedings under the Prevention of Money Laundering Act (PMLA) cannot continue.

A division bench of justices AS Gadkari and Rajesh S Patil delivered the verdict after hearing a petition filed by the Chamankars, who had sought to set aside the charge sheet in a money-laundering case registered against them in 2016. The case was based on two Enforcement Case Information Reports (ECI...