In a landmark judgment, the Delhi High Court has ruled that a foreign offence with cross-border implications can be treated as a predicate offence under the Prevention of Money Laundering Act (PMLA) if the proceeds of that offence reach India. The ruling came in the case of Adnan Nisar v. Directorate of Enforcement (Bail Appln.
Foreign Offence with ‘Cross Border Implications’ Can Be Treated as Predicate Offence Under PMLA if Proceeds Reach India: Delhi High Court
