https://www.taxtmi.com/caselaws?id=794279 Attachment under the money-laundering law may be sustained on substantially probable cause to believe that property represents proceeds of crime, without proof beyond doubt. The Tribunal held that a person need not be an accused in the scheduled offence for attachment to proceed, so non-impleadment in that case did not bar action. It also found the audit material and statement evidence sufficient to satisfy the statutory reason-to-believe requirement at the provisional stage. Beneficial ownership and ownership interest were enough to sustain attachment of company property, and the corporate veil objection failed. The appeals were dismissed and the attachment confirmed. en-us Thu, 02 Jul 2026 00:00:00 +0530 Fri, 03 Jul 2026 08:49:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794279 Attachment under the money-laundering law may be sustained on substantially probable cause to believe that property represents proceeds of crime, without proof beyond doubt. The Tribunal held that a person need not be an accused in the scheduled offence for attachment to proceed, so non-impleadment in that case did not bar action. It also found the audit material and statement evidence sufficient to satisfy the statutory reason-to-believe requirement at the provisional stage. Beneficial ownership and ownership interest were enough to sustain attachment of company property, and the corporate veil objection failed. The appeals were dismissed and the attachment confirmed. Case-Laws Money Laundering Thu, 02 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794279