https://www.taxtmi.com/caselaws?id=780174 Money-laundering under the Prevention of Money Laundering Act is treated as a continuing offence, so later enforcement can proceed even where the predicate activity pre-dated the amendment. The note also explains that property may be attached as proceeds of crime or, where the tainted asset is not traceable, as equivalent value, and a family settlement does not by itself prevent attachment if the evidence does not establish a lawful source. It further states that a provisional attachment is sustainable where the record discloses relevant material and recorded reasons to believe, and that Section 50 statements, bank records, documentary material, and surrounding circumstances may together support the attachment. en-us Tue, 14 Oct 2025 00:00:00 +0530 Sat, 25 Oct 2025 09:00:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780174 Money-laundering under the Prevention of Money Laundering Act is treated as a continuing offence, so later enforcement can proceed even where the predicate activity pre-dated the amendment. The note also explains that property may be attached as proceeds of crime or, where the tainted asset is not traceable, as equivalent value, and a family settlement does not by itself prevent attachment if the evidence does not establish a lawful source. It further states that a provisional attachment is sustainable where the record discloses relevant material and recorded reasons to believe, and that Section 50 statements, bank records, documentary material, and surrounding circumstances may together support the attachment. Case-Laws Money Laundering Tue, 14 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780174