https://www.taxtmi.com/caselaws?id=781489 Provisional attachment under the Prevention of Money Laundering Act was challenged on the basis that the dispute was only contractual, that no loss was caused to the Railways, and that prior approval was unnecessary for supplying non-Rail Neer brands. The Appellate Tribunal, relying on the Delhi High Court's earlier findings, noted that the licensee was required to supply Rail Neer, alternate brands were permitted only if Rail Neer was unavailable and with prior written approval, and the alleged supply of cheaper brands with reimbursement at Rail Neer rates indicated more than a civil breach. It further rejected reliance on the absence of prosecution sanction or asserted absence of loss, finding no material of shortage or approval and treating the reimbursement claims as evidence of wrongful gain and corresponding loss. The attachment was upheld. en-us Thu, 13 Nov 2025 00:00:00 +0530 Mon, 17 Nov 2025 08:36:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781489 Provisional attachment under the Prevention of Money Laundering Act was challenged on the basis that the dispute was only contractual, that no loss was caused to the Railways, and that prior approval was unnecessary for supplying non-Rail Neer brands. The Appellate Tribunal, relying on the Delhi High Court's earlier findings, noted that the licensee was required to supply Rail Neer, alternate brands were permitted only if Rail Neer was unavailable and with prior written approval, and the alleged supply of cheaper brands with reimbursement at Rail Neer rates indicated more than a civil breach. It further rejected reliance on the absence of prosecution sanction or asserted absence of loss, finding no material of shortage or approval and treating the reimbursement claims as evidence of wrongful gain and corresponding loss. The attachment was upheld. Case-Laws Money Laundering Thu, 13 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781489