The AT dismissed the appeal against the provisional attachment ...

Appellate Tribunal Dismisses Appeal Against Provisional Money Laundering Attachment Order.

December 27, 2024

Case Laws Money Laundering AT

The AT dismissed the appeal against the provisional attachment order u/s 26 of the Prevention of Money Laundering Act, 2002 as not maintainable. An appeal lies against an order passed by the adjudicating authority or u/s 13(2), not against a provisional attachment order. However, the adjudicating authority must independently analyze the sustainability of the second provisional attachment order, notwithstanding the dismissal, particularly considering its earlier order denying confirmation of the prior provisional attachment arising from the same ECIR, against which an appeal is pending before the AT.

View Source

← Previous Next →

The AT dismissed the appeal against the provisional attachment ...

Appellate Tribunal Dismisses Appeal Against Provisional Money Laundering Attachment Order.

December 27, 2024

Case Laws Money Laundering AT

You may also like:

The Appellate Tribunal addressed issues related to money laundering, proceeds of crime from smuggling narcotics and running extortion rackets. The case involved double...

The Appellate Tribunal ruled on the validity of proceedings u/s Prevention of Money Laundering Act, 2002 without a scheduled offence. It held that without a scheduled...

Money Laundering - provisional attachment order - Despite claiming innocence and presenting evidence of legitimate business transactions, the appellant's receipt of...

The HC held that since proceedings for attachment and adjudication by the Adjudicating Authority are in aid of trial of money laundering offence under PMLA, an appeal...

The Appellate Tribunal set aside the Provisional Attachment Order passed under the Prevention of Money Laundering Act, 2002. The order was found unsustainable as it was...

The appellant sought lapse of the attachment order u/s 5(1) and (3) of the Prevention of Money Laundering Act, 2002, questioning the legality of the order issued in...

Seeking grant of bail - Money Laundering - The Court observed that the applicant held directorial positions in companies allegedly involved in fraudulent activities. The...

The Appellate Tribunal allowed the appeal and set aside the orders of provisional attachment and its confirmation. The accused were discharged from the predicate offence...

Money Laundering - While the Appellate Tribunal is correct in holding that the provisional attachment order and the order of the adjudicating authority confirming...

The Appellate Tribunal dismissed the appeal, upholding the attachment of properties under the Prevention of Money Laundering Act (PMLA) 2002. Despite acquittals in some...

The High Court considered a case involving money laundering and a provisional attachment order issued without providing the petitioner an opportunity of hearing,...

Money Laundering - provisional attachment order - Seeking permission to cross-examine the three person - The Petitioner is relegated to the Appellate Tribunal under PMLA...

Anti-Money Laundering (AML) / Combating the Financing of Terrorism (CFT) Standards - Money changing activities - Circular

Money Laundering - proceeds of crime - Provisional attachment of properties - Interest of Depositors - The High court recognized the primary aim of the APPDFE Act to...

Know Your Customer (KYC) norms/Anti-Money Laundering (AML) standards/Combating the Financing of Terrorism (CFT) Obligation of Authorised Persons under Prevention of...

Quick Updates: