https://www.taxtmi.com/caselaws?id=789731 Pre-existing commercial transactions supported by banking channels and contractual terms cannot be treated as layering of proceeds of crime unless the FIR or ECIR provides a lawful jurisdictional nexus to the alleged offence; on that basis, attachment over the earlier fund diversion and consultancy-fee payments was set aside. A delayed payment in a separate dairy transaction, made after an earlier MOU and initial payment but not completed as intended, was treated differently because the timing and circumstances supported an inference of connection with tainted funds; attachment was upheld to that extent. The provisional attachment order was therefore interfered with substantially but retained for the specified amount. en-us Wed, 01 Apr 2026 00:00:00 +0530 Tue, 14 Apr 2026 08:03:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=789731 Pre-existing commercial transactions supported by banking channels and contractual terms cannot be treated as layering of proceeds of crime unless the FIR or ECIR provides a lawful jurisdictional nexus to the alleged offence; on that basis, attachment over the earlier fund diversion and consultancy-fee payments was set aside. A delayed payment in a separate dairy transaction, made after an earlier MOU and initial payment but not completed as intended, was treated differently because the timing and circumstances supported an inference of connection with tainted funds; attachment was upheld to that extent. The provisional attachment order was therefore interfered with substantially but retained for the specified amount. Case-Laws Money Laundering Wed, 01 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=789731