Bombay High Court at Goa Allows Appeals Against Attachment of Properties in Money Laundering Case — Holds That Provisional Attachment Order Must Be Based on Satisfaction That Properties Are Proceeds of Crime, Not Merely on Pendency of Scheduled Offence. The Court set aside the attachment of properties of Digambar Kamat and Churchill Alemao under Section 5 of PMLA for lack of material linking them to proceeds of crime.
30 Dec 2020The case involves three appeals under the Prevention of Money Laundering Act, 2002 (PMLA) arising from a provisional attachment order dated 30th March...




