https://www.taxtmi.com/caselaws?id=788320 Confirmation of a provisional attachment under the Prevention of Money Laundering Act was sustained where transaction records, bank transfers, lack of credible source of funds, absence of genuine revenue or corroborative buyer-seller documentation, inconsistent share certificates and links between the company and the prohibited organisation together supported treatment of impugned transfers as proceeds of crime; documentary discrepancies failed to rebut the attachment. Operative effect: the confirmation of attachment is held sustainable under the Act, with the appeals dismissed and the attachment order maintained under the statutory definitions and Section 26 enforcement framework. en-us Mon, 12 Jan 2026 00:00:00 +0530 Fri, 20 Mar 2026 08:35:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788320 Confirmation of a provisional attachment under the Prevention of Money Laundering Act was sustained where transaction records, bank transfers, lack of credible source of funds, absence of genuine revenue or corroborative buyer-seller documentation, inconsistent share certificates and links between the company and the prohibited organisation together supported treatment of impugned transfers as proceeds of crime; documentary discrepancies failed to rebut the attachment. Operative effect: the confirmation of attachment is held sustainable under the Act, with the appeals dismissed and the attachment order maintained under the statutory definitions and Section 26 enforcement framework. Case-Laws Money Laundering Mon, 12 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788320