https://www.taxtmi.com/caselaws?id=798066 PMLA permits provisional attachment of property linked to proceeds of a scheduled offence. Recorded statements, charge-sheet allegations and the roles of senior company functionaries may support a finding of active participation in inducing investments through unlawfully issued preference shares, diverting collected funds and acquiring property from those funds. A claim that attached assets were acquired solely from salary and incentives does not displace the attachment where sums traced to the individuals substantially exceed the value of the assets. Confirmation of attachment remains contingent on the final outcome of the related criminal proceedings. en-us Mon, 03 Aug 2026 00:00:00 +0530 Wed, 02 Sep 2026 08:30:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798066 PMLA permits provisional attachment of property linked to proceeds of a scheduled offence. Recorded statements, charge-sheet allegations and the roles of senior company functionaries may support a finding of active participation in inducing investments through unlawfully issued preference shares, diverting collected funds and acquiring property from those funds. A claim that attached assets were acquired solely from salary and incentives does not displace the attachment where sums traced to the individuals substantially exceed the value of the assets. Confirmation of attachment remains contingent on the final outcome of the related criminal proceedings. Case-Laws Money Laundering Mon, 03 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798066