https://www.taxtmi.com/caselaws?id=383942 The appeals were partly allowed, modifying the impugned order and the provisional attachment order. The immovable properties were released as they were not acquired from proceeds of crime, and no valid reasons were recorded for their attachment. The appellants were directed to furnish indemnity bonds and undertakings. The judgment clarifies that this decision pertains only to PMLA proceedings and does not affect the merits of the allegations under the CBI investigation. en-us Fri, 26 Jul 2019 00:00:00 +0530 Sat, 03 Aug 2019 07:40:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383942 The appeals were partly allowed, modifying the impugned order and the provisional attachment order. The immovable properties were released as they were not acquired from proceeds of crime, and no valid reasons were recorded for their attachment. The appellants were directed to furnish indemnity bonds and undertakings. The judgment clarifies that this decision pertains only to PMLA proceedings and does not affect the merits of the allegations under the CBI investigation. Case-Laws Money Laundering Fri, 26 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383942