Accused discharged from predicate offence, Tribunal annuls attachment orders under PMLA.

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....The Appellate Tribunal allowed the appeal and set aside the orders of provisional attachment and its confirmation. The accused were discharged from the predicate offence by the Competent Court, and the order attained finality in the absence of a challenge. Since the accused were discharged from the scheduled offence, the impugned orders of provisional attachment and its confirmation could not be sustained under the Prevention of Money Laundering Act, 2002. The attachment of properties belonging to the accused and their entities was questioned, and the Tribunal accepted the argument that when the accused were discharged from the predicate offence, the orders of provisional attachment could not be upheld.....