Summary
- The Delhi High Court ruled that a fresh Enforcement Case Information Report (ECIR) can sustain ongoing investigations under the Prevention of Money Laundering Act, 2002 (PMLA), even if prior predicate FIRs have been quashed or compounded.
- The court emphasized that without a scheduled offence, money laundering charges cannot proceed, quashing investigations related to two earlier FIRs while allowing the ECIR to continue based on a new FIR.
- This decision clarifies the distinction between FIRs under the CrPC and ECIRs as internal documents of the Enforcement Directorate, impacting how future PMLA cases may be approached.
- The ruling could set a precedent for similar cases where predicate offences are compromised or quashed, raising
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