https://www.taxtmi.com/caselaws?id=797128 Frozen funds alleged to constitute proceeds of crime could not be released under an interim arrangement to discharge salary and statutory liabilities of another company identified as the primary accused. The respondent's asserted loan arrangement did not justify using funds held by it for obligations that were not its own. The interim direction permitting such use of the frozen funds was set aside. en-us Fri, 14 Aug 2026 00:00:00 +0530 Tue, 18 Aug 2026 08:35:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=797128 Frozen funds alleged to constitute proceeds of crime could not be released under an interim arrangement to discharge salary and statutory liabilities of another company identified as the primary accused. The respondent's asserted loan arrangement did not justify using funds held by it for obligations that were not its own. The interim direction permitting such use of the frozen funds was set aside. Case-Laws Money Laundering Fri, 14 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=797128