Punjab and Haryana High Court Clarifies: Stay on FIR Does Not Prevent ED from Recording ECIR under PMLA

The Punjab and Haryana High Court has clarified that a stay on a First Information Report (FIR) related to a predicate offense does not inhibit the Enforcement Directorate (ED) from registering an Enforcement Case Information Report (ECIR) under the Prevention of Money Laundering Act, 2002 (PMLA). This significant ruling sheds light on the autonomous operational […]