https://www.taxtmi.com/caselaws?id=791445 Where tainted proceeds are unavailable, attachment may extend to properties of equivalent value, even if those assets were acquired before the alleged crime period, because a narrow reading would defeat the statutory scheme. Pendency of challenges to the predicate offence or related proceedings before the Supreme Court did not by itself invalidate the provisional attachment, since the predicate offence had not been quashed; the attachment was kept subject to the final outcome of those proceedings. Separate naming as an accused in the predicate offence was also unnecessary for provisional attachment if the person was involved in the activity or received proceeds of crime. The Tribunal upheld the attachment. en-us Mon, 27 Apr 2026 00:00:00 +0530 Tue, 12 May 2026 08:50:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=791445 Where tainted proceeds are unavailable, attachment may extend to properties of equivalent value, even if those assets were acquired before the alleged crime period, because a narrow reading would defeat the statutory scheme. Pendency of challenges to the predicate offence or related proceedings before the Supreme Court did not by itself invalidate the provisional attachment, since the predicate offence had not been quashed; the attachment was kept subject to the final outcome of those proceedings. Separate naming as an accused in the predicate offence was also unnecessary for provisional attachment if the person was involved in the activity or received proceeds of crime. The Tribunal upheld the attachment. Case-Laws Money Laundering Mon, 27 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=791445