Statutory transfer formalities invalidated alleged share and property transfers, while retrospective record manipulation constituted oppression and mi...
Provisional attachment of laundered funds and equivalent-value property sustained, with statutory protection limited to pension, gratuity and providen...
Insolvency moratorium does not shield company officers from cheque dishonour prosecution for liability arising before corporate insolvency proceedings...
Provisional attachment under money laundering law was sustained where the Tribunal held that the attachment was confined to the accused co-owner's share and did not extend to the non-accused spouse's interest. It further held that property of equivalent value could be attached when the alleged proceeds of crime had been dissipated or were no longer available, and that prior purchase or disclosed source of funds did not defeat such attachment on the facts. The confirmation of the provisional attachment order was therefore upheld and the appeals were dismissed.
Provisional attachment under money laundering law was sustained where the Tribunal held that the attachment was confined to the accused co-owner's share and did not extend to the non-accused spouse's interest. It further held that property of equivalent value could be attached when the alleged proceeds of crime had been dissipated or were no longer available, and that prior purchase or disclosed source of funds did not defeat such attachment on the facts. The confirmation of the provisional attachment order was therefore upheld and the appeals were dismissed.
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