https://www.taxtmi.com/caselaws?id=786587 Provisional attachment under PMLA depends on a traceable nexus between the attached asset and proceeds of crime, or their equivalent value. The Tribunal held that the South Goa land parcel was not shown to have been acquired with tainted funds, since it pre-dated the alleged diversion and was paid for from independent sources; its attachment was set aside, while the bank balance attachment was not wholly disturbed. It upheld attachment of the shares and related properties of Authentic Finance Pvt. Ltd. and KJV Estates Pvt. Ltd., finding a money trail and rejecting objections based on the timing of scheduled offences. The attachment of the 5 LLP entities' properties was set aside because no reliable trail linked their assets to proceeds of crime. en-us Mon, 09 Feb 2026 00:00:00 +0530 Mon, 16 Feb 2026 09:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786587 Provisional attachment under PMLA depends on a traceable nexus between the attached asset and proceeds of crime, or their equivalent value. The Tribunal held that the South Goa land parcel was not shown to have been acquired with tainted funds, since it pre-dated the alleged diversion and was paid for from independent sources; its attachment was set aside, while the bank balance attachment was not wholly disturbed. It upheld attachment of the shares and related properties of Authentic Finance Pvt. Ltd. and KJV Estates Pvt. Ltd., finding a money trail and rejecting objections based on the timing of scheduled offences. The attachment of the 5 LLP entities' properties was set aside because no reliable trail linked their assets to proceeds of crime. Case-Laws Money Laundering Mon, 09 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786587