https://www.taxtmi.com/caselaws?id=194229 Provisional attachment under the Prevention of Money-Laundering Act may be ordered on recorded reasons without prior notice where immediate action is needed to prevent dissipation of property, and the challenge on that ground failed. The Court also treated attachment proceedings as preventive and confiscatory, not penal, so Article 20(1) did not bar application of the Act to alleged pre-enactment conduct or property acquired earlier. Objections based on the absence of a Section 173 CrPC report were rejected at the provisional stage, and the earlier dismissal of writ petitions operated as constructive res judicata against reopening the same attachment dispute. en-us Fri, 13 Jul 2012 00:00:00 +0530 Mon, 06 Aug 2018 11:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194229 Provisional attachment under the Prevention of Money-Laundering Act may be ordered on recorded reasons without prior notice where immediate action is needed to prevent dissipation of property, and the challenge on that ground failed. The Court also treated attachment proceedings as preventive and confiscatory, not penal, so Article 20(1) did not bar application of the Act to alleged pre-enactment conduct or property acquired earlier. Objections based on the absence of a Section 173 CrPC report were rejected at the provisional stage, and the earlier dismissal of writ petitions operated as constructive res judicata against reopening the same attachment dispute. Case-Laws Money Laundering Fri, 13 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194229