https://www.taxtmi.com/caselaws?id=787398 Confirmation of the provisional attachment was upheld on evidence showing a plausible nexus between proceeds of the scheduled offence and the impugned properties; unexplained bank credits, admissions, contemporaneous investigative findings and valuation supported the conclusion that the properties represented proceeds of crime. Provisional attachment extends to any person found in possession of such property and need not be limited to those formally named as accused. Rapid loan repayment by undisclosed cash was treated as a layering mechanism and did not sever the nexus. Death of the principal accused did not invalidate attachment absent an order terminating proceedings. en-us Thu, 15 Jan 2026 00:00:00 +0530 Thu, 05 Mar 2026 08:41:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787398 Confirmation of the provisional attachment was upheld on evidence showing a plausible nexus between proceeds of the scheduled offence and the impugned properties; unexplained bank credits, admissions, contemporaneous investigative findings and valuation supported the conclusion that the properties represented proceeds of crime. Provisional attachment extends to any person found in possession of such property and need not be limited to those formally named as accused. Rapid loan repayment by undisclosed cash was treated as a layering mechanism and did not sever the nexus. Death of the principal accused did not invalidate attachment absent an order terminating proceedings. Case-Laws Money Laundering Thu, 15 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787398