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IN THE HIGH COURT OF JHARKHAND AT RANCHI
SUJIT NARAYAN PRASAD
Gupta Traders – Appellant
Versus
State through Enforcement Directorate, Ranchi through Additional Director – Respondent
| Table of Content |
|---|
| 1. ecir based on land fraud, sand theft, liquor firs. (Para 1 , 2 , 3 , 4) |
| 2. pmla needs live scheduled offence; predicates quashed. (Para 5 , 6) |
| 3. pending firs, cash trails invoke s.24 presumption. (Para 7 , 8 , 9 , 10 , 11 , 12 , 13 , 14 , 15 , 16 , 17 , 18 , 19 , 20 , 21 , 22) |
| 4. court frames discharge and prima facie issues. (Para 23 , 24 , 25 , 26 , 27 , 28 , 29 , 30 , 31 , 32 , 33 , 34 , 35 , 36) |
| 5. pmla targets broad proceeds from scheduled offences. (Para 37 , 38 , 39 , 40 , 41 , 42 , 43 , 44 , 45 , 46 , 47 , 48 , 49 , 50 , 51 , 52 , 53 , 54 , 55 , 56) |
| 6. discharge if no grave suspicion; avoid mini-trial. (Para 57 , 58 , 59 , 60 , 61 , 62 , 63 , 64 , 65 , 66 , 67 , 68 , 69 , 70 , 71 , 72 , 73 , 74 , 75 , 76 , 77 , 78 , 79 , 80 , 81 , 82 , 83 , 84 , 85) |
| 7. accused roles in possessing, using poc detailed. (Para 86 , 87 , 88 , 89 , 90 , 91 , 92) |
| 8. pending predicates validate pmla prima facie case. (Para 93 , 94 , 95 , 96 , 97 , 98 , 99 , 100 , 101 , 102 , 103 , 104 , 105 , 106 , 107 , 108 , 109 , 110 , 111 , 112 , 113 , 114 , 115) |
| 9. revisional power limited to patent errors. (Para 116 , 117 , 118 , 119 , 120 , 121 , 122 , 123) |
| 10. revisions dismissed; no trial interf |
Discharge denied in PMLA case as scheduled offences pending via protest petitions/remand; prima facie case from money trail suffices at discharge without mini-trial; beneficial ownership extends liab....
The PMLA's application is concerned with the ongoing nature of financial misconduct, allowing proceedings even for actions predating its enforcement, where evidence showcases potential 'proceeds of c....
The court upheld the necessity of trial for charges framed under the Prevention of Money Laundering Act, emphasizing that prima facie evidence supports the petitioner’s involvement in fraudulent acti....
The Prevention of Money Laundering Act proceedings are independent of the predicate offence and must proceed without delay, reflecting the urgency in addressing economic crimes.
The court affirmed that under the PMLA, indirect involvement in money laundering suffices for prosecution, and the burden of proof rests on the accused to prove their innocence.
A discharge petition under PMLA requires a prima facie case to be established; if such a case exists, the trial must proceed.
The trial under the Prevention of Money Laundering Act is independent of any pending trial for the predicate offence, as affirmed by the court.
The offence of money laundering under the PMLA is a standalone, continuing offence, not dependent on the outcome of related scheduled offences, with a reverse burden of proof on the accused regarding....
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