https://www.taxtmi.com/caselaws?id=780092 AT upheld provisional attachment of properties under PMLA, holding that provisos to s.5(1) must be read with the main provision and allow attachment "as value thereof" even when the second proviso is invoked. The tribunal found laundering requires proceeds of crime and that pre-acquisition timing alone did not preclude attachment given evidence suggesting layering through a family member. One disputed property will remain secured pending completion of predicate-offence investigation and confiscation/release proceedings. The appeals were dismissed for failure to rebut investigative evidence or produce corroboration. en-us Tue, 14 Oct 2025 00:00:00 +0530 Sat, 18 Oct 2025 09:08:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780092 AT upheld provisional attachment of properties under PMLA, holding that provisos to s.5(1) must be read with the main provision and allow attachment "as value thereof" even when the second proviso is invoked. The tribunal found laundering requires proceeds of crime and that pre-acquisition timing alone did not preclude attachment given evidence suggesting layering through a family member. One disputed property will remain secured pending completion of predicate-offence investigation and confiscation/release proceedings. The appeals were dismissed for failure to rebut investigative evidence or produce corroboration. Case-Laws Money Laundering Tue, 14 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780092