Judgments & Authorities

Attachment of 3rd Party Properties

Court :- HIgh Court , Citation :- SaroshMunir Khan Vs.The Deputy Director, [534/MUM/2013]
Under PMLA, even the property of any person may be attached under Section 5(1) 2nd Proviso, if the designated officer has reason to believe that the property in possession of such person is involved in Money-Laundering, and the non-attachment will frustrate any proceedings under the Act.....
 
hon&#
Read More
Connect With Us Social Media