https://www.taxtmi.com/caselaws?id=197145 The Tribunal dismissed the application challenging the provisional attachment of properties under the Prevention of Money Laundering Act. It ruled that there was no provision for substituting attached immovable properties with fixed deposits and that the applicant did not show exceptional circumstances for such relief. The decision on the attachment's legality would be determined in the main appeal, with each party bearing their own costs. en-us Thu, 09 Jul 2015 00:00:00 +0530 Thu, 28 Dec 2017 18:04:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197145 The Tribunal dismissed the application challenging the provisional attachment of properties under the Prevention of Money Laundering Act. It ruled that there was no provision for substituting attached immovable properties with fixed deposits and that the applicant did not show exceptional circumstances for such relief. The decision on the attachment's legality would be determined in the main appeal, with each party bearing their own costs. Case-Laws Money Laundering Thu, 09 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197145