The Tainted Foundation: Decoding How a Fraudulent Allocation Letter Became the ‘Proceeds of Crime’ Under PMLA
Introduction Can an improperly secured government allocation, obtained through deception, become the foundation for a money laundering charge years later? This question strikes at the heart of how financial crime legislation treats the “fruits of a poisonous tree.” In a significant development, the Delhi High Court division bench has decisively ruled in Directorate Of Enforcement Versus M/S. Hi-Tech Mercantile India […]
Read More ››
