https://www.taxtmi.com/caselaws?id=774347 The Appellate Tribunal under SAFEMA dismissed appeals challenging provisional attachment orders under PMLA, 2002. The tribunal rejected appellant's contention that property attachment requires direct causal link between scheduled offence and attached property. The court found respondents established money trail from accused to appellant's partnership firm account, which funded acquisition of attached immovable property. With prosecution complaint already filed and cognizance taken by trial court, the tribunal held attachment serves as balancing arrangement to secure interests while ensuring proceeds of crime remain available. The tribunal concluded balance of interests favored continued attachment pending criminal trial. en-us Wed, 18 Jun 2025 00:00:00 +0530 Tue, 08 Jul 2025 08:36:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=774347 The Appellate Tribunal under SAFEMA dismissed appeals challenging provisional attachment orders under PMLA, 2002. The tribunal rejected appellant's contention that property attachment requires direct causal link between scheduled offence and attached property. The court found respondents established money trail from accused to appellant's partnership firm account, which funded acquisition of attached immovable property. With prosecution complaint already filed and cognizance taken by trial court, the tribunal held attachment serves as balancing arrangement to secure interests while ensuring proceeds of crime remain available. The tribunal concluded balance of interests favored continued attachment pending criminal trial. Case-Laws Money Laundering Wed, 18 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=774347