https://www.taxtmi.com/caselaws?id=789689 Freezing of bank accounts and retention of seized documents and digital devices under the Prevention of Money Laundering Act were supported by material linking the person to entities involved in laundering and by recovery of relevant records from his possession. The special burden framework under the Act required him to rebut the presumption regarding proceeds of crime and to disclose the lawful source of the funds in the frozen accounts. Because he failed to produce bank records or other evidence proving the claimed sources, the freezing and retention order was upheld. en-us Mon, 06 Apr 2026 00:00:00 +0530 Mon, 13 Apr 2026 07:52:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789689 Freezing of bank accounts and retention of seized documents and digital devices under the Prevention of Money Laundering Act were supported by material linking the person to entities involved in laundering and by recovery of relevant records from his possession. The special burden framework under the Act required him to rebut the presumption regarding proceeds of crime and to disclose the lawful source of the funds in the frozen accounts. Because he failed to produce bank records or other evidence proving the claimed sources, the freezing and retention order was upheld. Case-Laws Money Laundering Mon, 06 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789689