Supreme Court Dismisses Petitions: Attached Property Not Acquired from Crime Proceeds, No Dispute on Value. The SC, comprising Justices Abhay S. Oka and Sanjay Karol, determined that the attached property was not acquired from crime proceeds. The petitioner did ...
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Supreme Court Dismisses Petitions: Attached Property Not Acquired from Crime Proceeds, No Dispute on Value.
The SC, comprising Justices Abhay S. Oka and Sanjay Karol, determined that the attached property was not acquired from crime proceeds. The petitioner did not dispute this finding or the property's value. Consequently, the SC dismissed the Special Leave Petitions and disposed of all pending applications accordingly.
Issues Involved: The judgment involves the issue of property attachment and whether it was acquired from the proceeds of the crime.
The Supreme Court, comprising Hon'ble Mr. Justice Abhay S. Oka and Hon'ble Mr. Justice Sanjay Karol, heard the matter. The Court noted that the property in question, which was attached, was found not to be acquired from the proceeds of the crime. This crucial finding was undisputed by the petitioner. Additionally, the petitioner did not contest the accuracy of the value of the attached property as mentioned in the impugned orders.
Consequently, considering the established facts, the Court decided not to entertain the Special Leave Petitions filed by the petitioner and disposed of the same accordingly. The pending applications were also disposed of in light of this decision.
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