Proprietorship concerns lack legal personhood; proprietor deemed ...

Sole proprietor liable for VAT fraud proceeds laundering. Accounts with Rs. 2.4L rightly attached as tainted funds.

September 3, 2024

Case Laws Money Laundering AT

Proprietorship concerns lack legal personhood; proprietor deemed necessary party. Proceeds of crime from VAT fraud laundered through multiple entities. Appellant's accounts containing Rs. 1,25,000/- and Rs. 1,15,000/- rightly attached as tainted funds. Appeal against provisional attachment dismissed, upholding adjudicating authority's order confirming attachment.

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Proprietorship concerns lack legal personhood; proprietor deemed ...

Sole proprietor liable for VAT fraud proceeds laundering. Accounts with Rs. 2.4L rightly attached as tainted funds.

September 3, 2024

Case Laws Money Laundering AT

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