AIROnline 2025 SC 945

Criminal P.C. (2 of 1974) , S.482— Prevention of Money-Laundering Act (15 of 2003) , S.26— Quashing of complaint and cognizance order – Prayer for – Alternate remedy – Offence of money laundering – Accused had already invoked their statutory remedy of appeal before Appellate Tribunal under S.26 of PMLA, which was yet to be decided – Core issue was whether the specific sum representing unpaid consideration for iron ore supplied by group company of appellant could be treated as “proceeds of crime” and whether its withdrawal post Provisional Attachment Order constituted an offence u/S 3 PMLA – Appropriate course would be to permit the statutory process to reach its logical conclusion – Interference at this stage would be prejudging issues which were within the domain of Appellate Tribunal – No interference was warranted.
AIROnline 2012 SC 58-Relied on

(Para 33
36
38
39
40)

…..