https://www.taxtmi.com/caselaws?id=751193 Writ jurisdiction may be invoked against a provisional attachment order under the Prevention of Money Laundering Act, 2002 where the challenge raises pure questions of law and jurisdiction, despite the availability of statutory remedies. Provisional attachment under Section 5(1) is valid only if the authorised officer records pre-existing reasons to believe, on the basis of material in possession, that the property is proceeds of crime and that immediate attachment is necessary to prevent frustration of confiscation; a bare reproduction of statutory language is insufficient. Property acquired before 2002 is not automatically excluded from the definition of proceeds of crime if it is traceable to criminal activity relating to a scheduled offence. en-us Thu, 28 Mar 2024 00:00:00 +0530 Wed, 10 Apr 2024 08:43:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751193 Writ jurisdiction may be invoked against a provisional attachment order under the Prevention of Money Laundering Act, 2002 where the challenge raises pure questions of law and jurisdiction, despite the availability of statutory remedies. Provisional attachment under Section 5(1) is valid only if the authorised officer records pre-existing reasons to believe, on the basis of material in possession, that the property is proceeds of crime and that immediate attachment is necessary to prevent frustration of confiscation; a bare reproduction of statutory language is insufficient. Property acquired before 2002 is not automatically excluded from the definition of proceeds of crime if it is traceable to criminal activity relating to a scheduled offence. Case-Laws Money Laundering Thu, 28 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751193