https://www.taxtmi.com/caselaws?id=377495 The appeal filed by M/s. RAG Buildtech Pvt. Ltd. against allegations of money laundering involving a former bank director was kept in abeyance by the Tribunal. The Tribunal emphasized the jurisdiction of the Special Court under the Prevention of Money Laundering Act to adjudicate on money laundering offenses and related proceedings, clarifying that the Appellate Tribunal does not possess authority over property confiscation. The appeal will remain pending until the Special Court issues a final decision, aligning with the legal hierarchy established under the Act. en-us Tue, 26 Mar 2019 00:00:00 +0530 Sat, 30 Mar 2019 08:12:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377495 The appeal filed by M/s. RAG Buildtech Pvt. Ltd. against allegations of money laundering involving a former bank director was kept in abeyance by the Tribunal. The Tribunal emphasized the jurisdiction of the Special Court under the Prevention of Money Laundering Act to adjudicate on money laundering offenses and related proceedings, clarifying that the Appellate Tribunal does not possess authority over property confiscation. The appeal will remain pending until the Special Court issues a final decision, aligning with the legal hierarchy established under the Act. Case-Laws Money Laundering Tue, 26 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377495