https://www.taxtmi.com/highlights?id=102767 Frozen funds alleged to be proceeds of crime could not be released under an interim arrangement to meet employee salaries and statutory dues of another company identified as the primary accused. The liabilities were not those of the company holding the frozen funds, and the asserted arrangement between the two companies did not justify their use. The interim direction permitting release was set aside, while the pending appeal before the Tribunal remained open for independent adjudication on its merits and was directed to be decided expeditiously. en-us Tue, 18 Aug 2026 09:23:26 +0530 Tue, 18 Aug 2026 09:23:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=102767 Frozen funds alleged to be proceeds of crime could not be released under an interim arrangement to meet employee salaries and statutory dues of another company identified as the primary accused. The liabilities were not those of the company holding the frozen funds, and the asserted arrangement between the two companies did not justify their use. The interim direction permitting release was set aside, while the pending appeal before the Tribunal remained open for independent adjudication on its merits and was directed to be decided expeditiously. Highlights Money Laundering Tue, 18 Aug 2026 09:23:26 +0530 https://www.taxtmi.com/highlights?id=102767