https://www.taxtmi.com/caselaws?id=467099 Provisional attachment of immovable properties was confirmed where investigative material gave rise to a reasonable belief that significant construction and investments derived from proceeds of crime; the Tribunal upheld confirmation under PMLA and dismissed the appeal challenging that confirmation, while noting that statutory remedies available to secured creditors remain preserved. On retrospectivity, the Tribunal held that PMLA liability depends on the date of laundering acts (possession, concealment, layering, integration or projection as untainted property), so laundering acts occurring after predicate offences fall within PMLA; the plea of retrospective non-application was rejected. en-us Tue, 17 Dec 2024 00:00:00 +0530 Fri, 06 Mar 2026 20:54:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467099 Provisional attachment of immovable properties was confirmed where investigative material gave rise to a reasonable belief that significant construction and investments derived from proceeds of crime; the Tribunal upheld confirmation under PMLA and dismissed the appeal challenging that confirmation, while noting that statutory remedies available to secured creditors remain preserved. On retrospectivity, the Tribunal held that PMLA liability depends on the date of laundering acts (possession, concealment, layering, integration or projection as untainted property), so laundering acts occurring after predicate offences fall within PMLA; the plea of retrospective non-application was rejected. Case-Laws Money Laundering Tue, 17 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467099