https://www.taxtmi.com/caselaws?id=762709 The Appellate Tribunal under SAFEMA dismissed the appeal challenging a Provisional Attachment Order under PMLA. The tribunal held that Section 8(3)(a) of PMLA requires investigation completion within 90 days of PAO confirmation, not prosecution complaints against every person whose property is attached. Since the original prosecution complaint was filed on 18.07.2018 before the PAO confirmation order dated 20.07.2018, statutory requirements were satisfied. The subsequent supplementary prosecution complaint naming the appellant did not invalidate the PAO, as the primary complaint had already been timely filed. The appeal was dismissed without merit. en-us Thu, 14 Nov 2024 00:00:00 +0530 Thu, 05 Dec 2024 15:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=762709 The Appellate Tribunal under SAFEMA dismissed the appeal challenging a Provisional Attachment Order under PMLA. The tribunal held that Section 8(3)(a) of PMLA requires investigation completion within 90 days of PAO confirmation, not prosecution complaints against every person whose property is attached. Since the original prosecution complaint was filed on 18.07.2018 before the PAO confirmation order dated 20.07.2018, statutory requirements were satisfied. The subsequent supplementary prosecution complaint naming the appellant did not invalidate the PAO, as the primary complaint had already been timely filed. The appeal was dismissed without merit. Case-Laws Money Laundering Thu, 14 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=762709