https://www.taxtmi.com/caselaws?id=759625 The tribunal ordered the defreezing of the Credit Accounts of the appellant, a garment manufacturing partnership, while maintaining the freeze on savings and current accounts pending criminal trials. The tribunal also released the Cash Credit account of M/s Golden Processors, despite allegations of fraud and money laundering, emphasizing the importance of preserving evidence and assets. The tribunal clarified that the dismissal of the appeal does not affect ongoing prosecution under the PMLA, ensuring access to relevant documents for defense if future charges arise. The decision balances asset preservation for investigations with the appellant's operational needs. en-us Thu, 12 Sep 2024 00:00:00 +0530 Sat, 05 Oct 2024 08:54:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759625 The tribunal ordered the defreezing of the Credit Accounts of the appellant, a garment manufacturing partnership, while maintaining the freeze on savings and current accounts pending criminal trials. The tribunal also released the Cash Credit account of M/s Golden Processors, despite allegations of fraud and money laundering, emphasizing the importance of preserving evidence and assets. The tribunal clarified that the dismissal of the appeal does not affect ongoing prosecution under the PMLA, ensuring access to relevant documents for defense if future charges arise. The decision balances asset preservation for investigations with the appellant's operational needs. Case-Laws Money Laundering Thu, 12 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759625