Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Provisional attachment was sustained where material showed cash...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and provident fund.
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Provisional attachment was sustained where material showed cash deposits, routing and layering through bank accounts, fixed deposits, shares and investments, and the persons concerned failed to explain the source of funds. The article notes that pending charges in the TET-2014 recruitment matter established the continuing scheduled-offence basis, while supplied documents and a detailed response defeated the natural-justice challenge. Property acquired before the alleged crime could be attached as property of equivalent value when actual proceeds were unavailable or laundered. Business and joint accounts were treated as containing proceeds of crime where purported consultancy or online-class receipts and cash deposits lacked credible explanation. Attachment was modified only to release pension, gratuity and provident fund amounts; salary, honorarium and other funds remained attached.
Provisional attachment was sustained where material showed cash deposits, routing and layering through bank accounts, fixed deposits, shares and investments, and the persons concerned failed to explain the source of funds. The article notes that pending charges in the TET-2014 recruitment matter established the continuing scheduled-offence basis, while supplied documents and a detailed response defeated the natural-justice challenge. Property acquired before the alleged crime could be attached as property of equivalent value when actual proceeds were unavailable or laundered. Business and joint accounts were treated as containing proceeds of crime where purported consultancy or online-class receipts and cash deposits lacked credible explanation. Attachment was modified only to release pension, gratuity and provident fund amounts; salary, honorarium and other funds remained attached.
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