Just a moment...

Report
FeedbackReport
Welcome to TaxTMI

We're migrating from taxmanagementindia.com to taxtmi.com and wish to make this transition convenient for you. We welcome your feedback and suggestions. Please report any errors you encounter so we can address them promptly.

Bars
Logo TaxTMI
>
×

By creating an account you can:

Feedback/Report an Error
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home /

2025 (3) TMI 271

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....omas Raja Durai For R1 : Mr. M. Sarangan, Additional Government Pleader For R2 : Mr. K. Govindarajan, Deputy Solicitor General of India ORDER This Writ Petition has been filed for a direction to the 1st respondent to remove the attachment made by the 2nd respondent pertaining to the properties in Survey No.51/2 to an extent of 1 acre 36 cents bearing patta No.599, in Survey No.51/4 to an exten....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....eed dated 12.03.2015 for a valuable consideration. At the time of purchase, there was no encumbrance over the properties by attachment order or any other mode. While being so, in the year 2017, the 2nd respondent produced the order passed by the adjudicating authority in O.C.No.685/2017 as against the petitioner's vendor and thereby, attached the subject properties, since the petitioner's ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....espondent would submit that the petitioners ought to have approached the Special Court to raise the attachment as contemplated under Section 8(8) of the Prevention of Money Laundering Act, 2002 (hereinafter referred to as 'PMLA Act'). 4.It is relevant to extract Section 8(8) of PMLA Act here under:- "(8) Where a property stands confiscated to the Central Government under sub-section (5)....