https://www.taxtmi.com/caselaws?id=777993 AT dismissed the appeals. It held the relevant date for applying the PMLA schedule is when proceeds are projected to be untainted (triggering ECIR), allowing the 2009 amendment to cover the period alleged. Properties acquired before the predicate offence can be treated as proceeds of crime or attached as equivalent value under the second limb, subject to safeguards that protect bona fide third-party rights. A mere filing of a chargesheet by investigative agency is not fatal to ED action, and stressed immovable assets were rightly treated in relation to the quantum of fraud. Victim bank may stake its claim; criminal trials remain unaffected. en-us Tue, 25 Feb 2025 00:00:00 +0530 Tue, 09 Sep 2025 08:38:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777993 AT dismissed the appeals. It held the relevant date for applying the PMLA schedule is when proceeds are projected to be untainted (triggering ECIR), allowing the 2009 amendment to cover the period alleged. Properties acquired before the predicate offence can be treated as proceeds of crime or attached as equivalent value under the second limb, subject to safeguards that protect bona fide third-party rights. A mere filing of a chargesheet by investigative agency is not fatal to ED action, and stressed immovable assets were rightly treated in relation to the quantum of fraud. Victim bank may stake its claim; criminal trials remain unaffected. Case-Laws Money Laundering Tue, 25 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777993