https://www.taxtmi.com/caselaws?id=467176 Provisional attachments under the PMLA that remain unconfirmed cannot be treated as continuing indefinitely; where no confirmation or reinvestigation is recorded the encumbrance-certificate entries based on such provisional attachment must be removed, and relief was granted to the petitioners on that ground. Separately, a provisional attachment and its subsequent confirmation in respect of property sold to petitioners without issuing statutory notice to the bona fide purchasers and without consideration of the sale were held procedurally infirm and were quashed; the respondents retain the right to re-investigate and proceed if the sale is found to be sham. en-us Tue, 30 Jan 2024 00:00:00 +0530 Tue, 10 Mar 2026 08:51:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467176 Provisional attachments under the PMLA that remain unconfirmed cannot be treated as continuing indefinitely; where no confirmation or reinvestigation is recorded the encumbrance-certificate entries based on such provisional attachment must be removed, and relief was granted to the petitioners on that ground. Separately, a provisional attachment and its subsequent confirmation in respect of property sold to petitioners without issuing statutory notice to the bona fide purchasers and without consideration of the sale were held procedurally infirm and were quashed; the respondents retain the right to re-investigate and proceed if the sale is found to be sham. Case-Laws Money Laundering Tue, 30 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467176