https://www.taxtmi.com/caselaws?id=790292 Provisional attachment of bank accounts and other property in proceedings concerning alleged proceeds of crime was conditionally relaxed. The respondent was permitted to operate the attached bank accounts to arrange a fixed deposit receipt for the equivalent secured amount, and the arrangement was treated as an undertaking before the Court. The deposit was to be furnished within two weeks, while the provisional attachment would continue to protect the secured sum and would revive automatically on default. The relief balanced temporary access to funds with preservation of the amount for enforcement proceedings. en-us Thu, 16 Apr 2026 00:00:00 +0530 Thu, 23 Apr 2026 09:45:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790292 Provisional attachment of bank accounts and other property in proceedings concerning alleged proceeds of crime was conditionally relaxed. The respondent was permitted to operate the attached bank accounts to arrange a fixed deposit receipt for the equivalent secured amount, and the arrangement was treated as an undertaking before the Court. The deposit was to be furnished within two weeks, while the provisional attachment would continue to protect the secured sum and would revive automatically on default. The relief balanced temporary access to funds with preservation of the amount for enforcement proceedings. Case-Laws Money Laundering Thu, 16 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790292