Black Money Act : Provisional attachment order cannot be confirmed if the funds were not transferred by the alleged beneficial owner.
Provisional attachment order cannot be confirmed if the funds were not transferred by the alleged beneficial owner. Provisional Attachment Order Not Confirmed; Lack of Evidence of Benami Transaction Issue: Whether a provisional attachment order under Section 5 of the Prevention of Money Laundering Act, 2002 (PMLA), should be confirmed when there is a lack of… Read More »