Service of notice and contractual debt acknowledgment preserved insolvency admission against a corporate guarantor despite limitation and natural just...
Original works exemption excludes standalone boulder transportation, leaving subcontracted railway-project transport services subject to service tax l...
Annual production capacity determinations excluding stenter galleries support refunds for unconstitutional excise levies without an unjust-enrichment ...
Vicarious liability for cheque dishonour requires specific allegations of responsibility and cheque signatory; generic director allegations cannot sus...
IT Resilience Index requires market infrastructure institutions to automate resilience scoring, early warnings, and continuous service-delivery monito...
The AT upheld the provisional attachment order under the PMLA against the appellants, rejecting their contentions that they were not named accused or connected to predicate offences. It was held that attachment can be made irrespective of FIR status, and the relevant date for proceeds calculation is when the property is projected as untainted, not the offence date. The appellants failed to prove legitimate sources for the attached properties. The ED's directions for police possession and account freezing beyond 30 days complied with statutory provisions and rules. No violation of procedural rules or requirements under Sections 8(2) and 8(3) of the PMLA was found. Consequently, the appeal was dismissed in favor of the ED.
The AT upheld the provisional attachment order under the PMLA against the appellants, rejecting their contentions that they were not named accused or connected to predicate offences. It was held that attachment can be made irrespective of FIR status, and the relevant date for proceeds calculation is when the property is projected as untainted, not the offence date. The appellants failed to prove legitimate sources for the attached properties. The ED's directions for police possession and account freezing beyond 30 days complied with statutory provisions and rules. No violation of procedural rules or requirements under Sections 8(2) and 8(3) of the PMLA was found. Consequently, the appeal was dismissed in favor of the ED.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
