The Delhi High Court has said that the confessional statement of a co-accused under Section 50 of Prevention of Money-Laundering Act, 2002, is not a substantive piece of evidence and can be used only.
Delhi High Court has observed that the confessional statement of a co-accused under Section 50 of Prevention of Money Laundering Act (PMLA), 2002, is not a substantive piece of evidence and can be used only for corroboration in support of other evidence to lend assurance to the court in arriving at the conclusion of guilt. Read more.
Citations 2024 LiveLaw (Del) 22 to 2024 LiveLaw (Del) 54NOMINAL INDEXUnion of India v. M/s Panacea Biotec Limited 2024 LiveLaw (Del) 22MBL Infrastructure Ltd v. DMRC 2024 LiveLaw (Del) 23T.V.TODAY.
The Delhi High Court on Monday observed that oral communication of “grounds of arrest” to an accused is proper compliance of Section 19(1) of Prevention of Money Laundering Act, 2002, for arrests made.