PMLA attachment and possession protection continued pending trial, while confirmation of provisional attachment was left undisturbed.

Under the PMLA, confirmation of provisional attachment did not require interference, and the appeal was disposed of without upsetting the impugned order. Limited interim protection in relation to possession of the attached properties was continued, as the appellant was not pressing further challenge and sought only maintenance of the existing status quo. Any future entitlement concerning the properties was left to depend on the statutory stage reached in the trial proceedings and the final consequences under PMLA.

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Issues: Whether the appeal against confirmation of provisional attachment required interference, and whether the appellant's protection in possession of the attached properties should continue upon disposal of the appeal.

Analysis: The appeal was pressed for disposal on the basis that the appellant was not contesting the impugned order further and sought continuation of the earlier status quo protection over possession. The attachment related to properties taken as equivalent value property under the PMLA, and the relief sought was aligned with the position that possession should ordinarily not be disturbed until the stage contemplated by the statute and the trial proceedings. The order notes that the interim protection earlier granted was to continue to that limited extent, and that any future entitlement of the appellant would depend upon the outcome of the trial and the statutory consequences under PMLA.

Conclusion: No interference was made with the provisional attachment or the impugned confirmation order, but the appellant's limited protection in relation to possession of the attached properties was continued.

Final Conclusion: The appeal was disposed of while maintaining only the existing interim protection regarding possession, leaving the merits to be dealt with independently in the PMLA trial proceedings.

Ratio Decidendi: Under the PMLA, confirmation of provisional attachment does not by itself foreclose limited interim protection regarding possession, and any further action concerning attached property remains dependent on the statutory stage reached in the trial proceedings.

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