https://www.taxtmi.com/caselaws?id=794354 Property acquired before the scheduled offence period may still be attached as value of proceeds of crime where the direct proceeds are unavailable, and the attachment was sustained on that basis for the main assets. Statements recorded under section 50 of the Prevention of Money Laundering Act were held admissible, and a belated or unsupported retraction did not prevent reliance on them where corroborated by other material. By contrast, the security deposit lying with the criminal court stood on a different footing, and the attachment over that amount was set aside because the facts did not justify a continuing apprehension of concealment or transfer. en-us Thu, 02 Jul 2026 00:00:00 +0530 Sat, 04 Jul 2026 08:15:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=794354 Property acquired before the scheduled offence period may still be attached as value of proceeds of crime where the direct proceeds are unavailable, and the attachment was sustained on that basis for the main assets. Statements recorded under section 50 of the Prevention of Money Laundering Act were held admissible, and a belated or unsupported retraction did not prevent reliance on them where corroborated by other material. By contrast, the security deposit lying with the criminal court stood on a different footing, and the attachment over that amount was set aside because the facts did not justify a continuing apprehension of concealment or transfer. Case-Laws Money Laundering Thu, 02 Jul 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=794354