The AT dismissed the appeal challenging the provisional ...

Property attachment upheld despite Covid delays; joint ownership claim rejected due to lack of evidence.

December 23, 2024

Case Laws Money Laundering AT

The AT dismissed the appeal challenging the provisional attachment order under the Prevention of Money Laundering Act, 2002. It held that the confirmation of the order beyond 180 days did not result in its lapse, considering the Covid-19 period and the Supreme Court's extension. The AT also rejected the ground that the attached property being joint property without notice to the joint holder invalidated the order, as there was no material to show it was joint property, and the appeal was not preferred by any joint holder. Thus, no interference was warranted in the impugned order.

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The AT dismissed the appeal challenging the provisional ...

Property attachment upheld despite Covid delays; joint ownership claim rejected due to lack of evidence.

December 23, 2024

Case Laws Money Laundering AT

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