A Delhi court dismissed a money laundering case against Ratul Puri, Moser Baer India Ltd, and 11 others after the predicate corruption offence registered by the CBI collapsed. The case involved alleged bank frauds of ₹1,101 crore. Special Judge Sushant Changotra stated that no offence under the Prevention of Money Laundering Act (PMLA) survived without proceeds of crime.
Court dismisses PMLA case against Moser Baer, Ratul Puri & 11 others
