High Court of Karnataka Quashes ECIR and Provisional Attachment Orders in PMLA Cases Against Mining Companies — Enforcement Directorate Lacks Jurisdiction Over Scheduled Offences Under Mines and Minerals Act. The court held that the predicate offences under the Mines and Minerals (Development and Regulation) Act, 1957 are not scheduled offences under the Prevention of Money Laundering Act, 2002, and therefore the ECIR and attachment orders were without jurisdiction.
13 Mar 2017The judgment concerns three writ petitions filed by mining companies, M/s Obulapuram Mining Company Pvt Ltd and M/s Bramhani Industries Ltd, challengi...
