https://www.taxtmi.com/caselaws?id=467461 Provisional attachment under the Prevention of Money Laundering Act was contested for two immovable properties sold to purchasers not alleged to have committed the predicate offence. The tribunal applied the principle that confirmation of attachment requires a demonstrable connection between the property and proceeds of crime as specifically alleged in the FIR/ECIR; absent any specific allegation against the purchasers and with parallel civil litigation on the sale pending, converting the civil dispute into criminal proceeds was impermissible. The provisional attachments were set aside and purchasers' appeals allowed while the challenge by the enforcement agency was dismissed. en-us Fri, 30 May 2025 00:00:00 +0530 Thu, 19 Mar 2026 19:02:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467461 Provisional attachment under the Prevention of Money Laundering Act was contested for two immovable properties sold to purchasers not alleged to have committed the predicate offence. The tribunal applied the principle that confirmation of attachment requires a demonstrable connection between the property and proceeds of crime as specifically alleged in the FIR/ECIR; absent any specific allegation against the purchasers and with parallel civil litigation on the sale pending, converting the civil dispute into criminal proceeds was impermissible. The provisional attachments were set aside and purchasers' appeals allowed while the challenge by the enforcement agency was dismissed. Case-Laws Money Laundering Fri, 30 May 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467461