Karnataka High Court Challenges ED's ECIR in Gameskraft Case Following Predicate FIR Closure
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Karnataka HC Questions ED's ECIR in Gameskraft Case After Predicate FIR Closure
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Storyboard•24-02-2026, 17:08
Karnataka HC Questions ED's ECIR in Gameskraft Case After Predicate FIR Closure
•Karnataka High Court questioned ED's authority to continue PMLA proceedings against Gameskraft after the predicate FIR was closed.
•The core issue is whether ED can proceed when the alleged predicate offense, generating 'proceeds of crime,' has been closed by a competent court.
•ED cited Supreme Court's Vijay Madanlal Choudhary ruling, arguing money laundering is broad and 'proceeds of crime' are central.
•Gameskraft argued that once the predicate offense is closed, the foundation for PMLA proceedings disappears, especially if ECIR was registered after closure.
•The court also questioned ED's territorial jurisdiction when a new FIR surfaced in Lucknow, and the interplay between civil attachment and criminal prosecution.
