PMLA anticipatory bail requires satisfaction of twin conditions, while predicate-offence protection does not extend to independent money-laundering pr...
School-affiliation charges remain taxable where not directly connected with examinations, while extended limitation requires proof of deliberate tax e...
The AT dismissed all appeals challenging the Provisional Attachment Order under the PMLA, 2002, affirming that a direct, proximate link between the scheduled offence and the attached property is not a prerequisite for attachment. The respondents successfully established the flow of proceeds from the accused to the property through intermediary accounts. The attached immovable property remains subject to confiscation proceedings pending before the Special Court (PMLA). The Tribunal emphasized that attachment serves as a protective measure to preserve the property as case property during ongoing criminal trial, balancing the interests of the parties and ensuring availability of proceeds for confiscation. The appeals were dismissed, maintaining the status quo of attachment.
The AT dismissed all appeals challenging the Provisional Attachment Order under the PMLA, 2002, affirming that a direct, proximate link between the scheduled offence and the attached property is not a prerequisite for attachment. The respondents successfully established the flow of proceeds from the accused to the property through intermediary accounts. The attached immovable property remains subject to confiscation proceedings pending before the Special Court (PMLA). The Tribunal emphasized that attachment serves as a protective measure to preserve the property as case property during ongoing criminal trial, balancing the interests of the parties and ensuring availability of proceeds for confiscation. The appeals were dismissed, maintaining the status quo of attachment.
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