Legal Interpretation of "Reason to Believe" in PMLA: Attachment of Pre-Enactment Assets Examined for Compliance.

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Full Text of the Document

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....Offense under PMLA - attachment orders - assets acquired prior to enactment of PMLA - It is noteworthy that the phrase ‘reason to believe’ has a specific connotation in criminal jurisprudence and is not merely an ordinary and colloquial phrase - the requirement of having reason to believe must be strictly complied with in statute like PMLA....