https://www.taxtmi.com/caselaws?id=763566 The Appellate Tribunal under SAFEMA dismissed an appeal challenging a provisional attachment order under the Prevention of Money Laundering Act, 2002. The appellant argued the confirmation order exceeded the 180-day statutory limit under Section 5(3) and that attachment of joint property without notice to co-owners was invalid. The Tribunal held that COVID-19 extensions applied to the time limitation, as the SC had extended procedural deadlines during the pandemic period in 2021. Regarding joint property, the Tribunal found no evidence of joint ownership and noted that only affected joint holders could challenge such orders. The appeal was dismissed with no interference warranted in the attachment order. en-us Wed, 27 Nov 2024 00:00:00 +0530 Mon, 23 Dec 2024 08:43:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=763566 The Appellate Tribunal under SAFEMA dismissed an appeal challenging a provisional attachment order under the Prevention of Money Laundering Act, 2002. The appellant argued the confirmation order exceeded the 180-day statutory limit under Section 5(3) and that attachment of joint property without notice to co-owners was invalid. The Tribunal held that COVID-19 extensions applied to the time limitation, as the SC had extended procedural deadlines during the pandemic period in 2021. Regarding joint property, the Tribunal found no evidence of joint ownership and noted that only affected joint holders could challenge such orders. The appeal was dismissed with no interference warranted in the attachment order. Case-Laws Money Laundering Wed, 27 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=763566