S. 44(1)(c) of PMLA Applicable After jurisdictional Court has taken cognizance of scheduled offences: Bombay HC

The Bombay High Court ruled that "Section 44(1C) of PMLA (Prevention of Money Laundering Act) is applicable after the jurisdictional court has taken cognizance of scheduled offenses." Section 44(1C) deals with the transfer of cases to a special court under PMLA. The court clarified that the PMLA special court gains jurisdiction over the predicate offense only after a regular court has first taken cognizance of that scheduled offense. This ensures a proper legal sequence and delineation of powers between different judicial forums in money laundering cases.