The Karnataka High Court has raised a fundamental question on the limits of the Prevention of Money Laundering Act (PMLA), staying Enforcement Directorate proceedings against a man whose deceased grandmother was the sole accused in the underlying 'predicate offence'. This ruling challenges the ED's power to pursue 'proceeds of crime' when the original criminal case has been abated due to the death of the only accused.
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- ›Court: Karnataka High Court
- ›Judge: Justice M Nagaprasanna
- ›Target this Legal Point: The legal question is whether PMLA proceedings can continue if the 'predicate offence' abates due to the death of the sole accused.
- ›Target this Nodal Body: Enforcement Directorate (ED) is the investigating agency under PMLA.
- ›Target this Court/Judge: Karnataka High Court, Justice M Nagaprasanna, issued the interim stay order.
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