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Subject to reading the full judgment, here's a quick explainer of the SC's pronouncement:

1. To constitute money laundering, mere possession or use of proceeds of crime w/o projecting it as untainted is an offence.
#PMLA #PMLAExplained
2. The inclusion of a wide list of predicate offences under PMLA, covering variety of crimes, from IPC to Copyright violations, is prerogative of the legislature.

#PMLA #PMLAExplained
3. Investigation into money laundering can begin even in the absence of an FIR/investigation into predicate offence. But if predicate offence proceedings result in discharge or acquittal, then money laundering proceedings must also fall

#PMLA #PMLAExplained
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