https://www.taxtmi.com/caselaws?id=788562 Attached property treated as proceeds of crime under the PMLA could not be released by the Tribunal itself, but the aggrieved party was given liberty to seek release before the Special Court after settlement of the investors' dues. The statutory scheme recognised a remedy under Section 8(8) of the Prevention of Money Laundering Act, 2002 for property remaining after such settlement, and the Tribunal followed the connected approach adopted in comparable matters. The appeals were disposed of without disturbing the attachment, while preserving the party's right to approach the Special Court for release of the property. en-us Thu, 19 Mar 2026 00:00:00 +0530 Wed, 25 Mar 2026 08:49:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788562 Attached property treated as proceeds of crime under the PMLA could not be released by the Tribunal itself, but the aggrieved party was given liberty to seek release before the Special Court after settlement of the investors' dues. The statutory scheme recognised a remedy under Section 8(8) of the Prevention of Money Laundering Act, 2002 for property remaining after such settlement, and the Tribunal followed the connected approach adopted in comparable matters. The appeals were disposed of without disturbing the attachment, while preserving the party's right to approach the Special Court for release of the property. Case-Laws Money Laundering Thu, 19 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788562