PMLA Covers Pre-2009 Offences if crime Proceeds Retained: Calcutta HC

Smt. Taijunnehar Bibi Vs Joint Director (Calcutta High Court) Period of offence prior to June 1, 2009 attracts Money Laundering Act as proceeds of crime in possession till Amendment: Calcutta High Court Calcutta High Court held that period of offence prior to June 1, 2009 attracts Schedule to Prevention of Money Laundering Act, 2002 [PMLA] being amended with effect from June 1, 2009 as proceeds of crime continue in possession till Amendment. Facts- Vide the present appeals, the appellant has mainly contested that the offences alleged as against the appellants were committed allegedly for the ...