TMI BlogThe contention that assets acquired prior to enactment of the PMLA could never fall under the scope of...The contention that assets acquired prior to enactment of the PMLA could never fall under the scope of the definition of the expression ‘proceeds of crime’ and consequently are immune from the provisions of the PMLA, is erroneous and is accordingly rejected. ..... X X X X Extracts X X X X X X X X Extracts X X X X
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