Home Case Index All Cases Money Laundering Money Laundering + AT Money Laundering - 2019 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2019 (12) TMI 1506 - AT - Money LaunderingMoney Laundering - attachment of property which is used by the family members of appellant - proceeds of crime - HELD THAT:- There is nothing on record to show that the property are not used by the family members of the appellant. Liberty is granted to the respondent to verify the actual position of the property and filed the status report by the next date of hearing. Since, as stated by ld. counsel for the appellant that the property in question is in occupation of the family members of the appellant and Judgment passed by Hon’ble High Court of Madras, there is a prima facie case in favour of the appellant at this stage, if the appellant and his family members are evicted from the said property as it will cause irreparable injury to the appellant and his family members, so balance of convenience lies in passing a status quo order till the next date of hearing at this stage. Both the parties are directed to maintain the “status quo‟ with respect to the property in question till the next date of hearing subject to conditions imposed - Attachment shall continue till further order - ‘Status quo’ be maintained at this stage with respect to those properties till next date of hearing.
|