https://www.taxtmi.com/caselaws?id=798173 Proceeds-of-crime classification requires a demonstrated nexus between property or funds and the alleged scheduled offence. A coal-block allocation letter, without revenue from mining or evidence connecting share application money to criminal activity, cannot establish that nexus. Investment statements attributing funding to business prospects did not show inducement through the allocation, while the alternative allegation that investors were entities controlled by the directors undermined the theory of deceptive investment. In the absence of a predicate offence or fraud evidence concerning the investment flow, the share application money and attached properties were not shown to be proceeds of crime; attachment confirmation was unsustainable. en-us Mon, 31 Aug 2026 00:00:00 +0530 Thu, 03 Sep 2026 08:20:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798173 Proceeds-of-crime classification requires a demonstrated nexus between property or funds and the alleged scheduled offence. A coal-block allocation letter, without revenue from mining or evidence connecting share application money to criminal activity, cannot establish that nexus. Investment statements attributing funding to business prospects did not show inducement through the allocation, while the alternative allegation that investors were entities controlled by the directors undermined the theory of deceptive investment. In the absence of a predicate offence or fraud evidence concerning the investment flow, the share application money and attached properties were not shown to be proceeds of crime; attachment confirmation was unsustainable. Case-Laws Money Laundering Mon, 31 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798173