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PMLA Court Rules Cheques and Drugs Qualify as Proceeds of Crime

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A Prevention of Money Laundering Act (PMLA) court has ruled that cheques and drugs can be classified as proceeds of crime. The judgment broadens the legal definition of 'property' under the PMLA framework. This ruling has significant implications for how enforcement agencies pursue money laundering cases involving such assets. The decision reflects a wider judicial interpretation of assets subject to attachment and prosecution under anti-money laundering law.

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