No attachment of property acquired prior to commission of criminal or PMLA offence

Seema Garg Vs Deputy Director, Directorate of Enforcement (PMLA) (Punjab and Haryana High Court) Conclusion: Where property acquired could not be attached prior to the commission of a scheduled offence such as criminal offence or introduction of Prevention of Money Laundering Act (PMLA) unless the property obtained from the offence was held or taken outside the country. Held: Two appellants had purchased their property in 1991 and in 2011. As per FIR of scheduled offence, ECIR and different orders passed by Officers, M/s J Exports, a proprietorship concern of Raman Garg fraudulently obtained V...