Srinagar, May 26 -- "The two proceedings, while factually linked by the scheduled offence, are legally independent and governed separately," a bench of Justice Wasim Sadiq Nargal said while hearing a petition filed by N Kansal, a resident of New Delhi, seeking quashing of ECIR under PMLA, summons issued under Section 50 PMLA,and related search/seizure actions.
"The petitioner's discharge in the predicate offence indicates a determination concerning the merits of that particular accusation; nonetheless, it does not nullify the overarching legal structure governing the issuance of the summons," the court said, adding, "The discharge should not be regarded as a legal obstacle to the authorities' capacity to forward with the summons."
The 2...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.