https://www.taxtmi.com/caselaws?id=799898 Provisional attachment under the Prevention of Money Laundering Act was sustained because the Trust failed to establish that grant-funded aids and appliances had been distributed to disabled beneficiaries. Claimed distribution camps were not held in the stated districts, official signatures in supporting records were forged, and beneficiaries denied receiving the items. Purchase invoices and bank records did not prove distribution or explain transfers to the Trust's representative. The attached movable and immovable assets and bank balances fell within the value of the misused grant and were treated as proceeds of crime or property representing their value. en-us Tue, 15 Sep 2026 00:00:00 +0530 Tue, 29 Sep 2026 08:34:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=799898 Provisional attachment under the Prevention of Money Laundering Act was sustained because the Trust failed to establish that grant-funded aids and appliances had been distributed to disabled beneficiaries. Claimed distribution camps were not held in the stated districts, official signatures in supporting records were forged, and beneficiaries denied receiving the items. Purchase invoices and bank records did not prove distribution or explain transfers to the Trust's representative. The attached movable and immovable assets and bank balances fell within the value of the misused grant and were treated as proceeds of crime or property representing their value. Case-Laws Money Laundering Tue, 15 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=799898