India court declares disobeying money laundering summons a crime
18 Aug 2017

Disobeying summons issued by an investigating agency under the money laundering law amounts to a criminal offence, the Supreme Court said on Thursday.

The apex court’s order came as it set aside a Karnataka High Court order which had held that disobedience of summons for appearance did not amount to contravention of the provisions of the 1963 Foreign Exchange Regulation Act (FERA).

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