Affidavits Alone Cannot Displace Proceeds of Crime Presumption

Gajendra Narayan Vs Deputy Director (Appellate Tribunal Under SAFEMA Delhi)

Marriage Gifts Story Fails the Test — SAFEMA Tribunal Upholds PMLA Attachment of Flat Advance & Bank Balances as Proceeds of Crime

The Appellate Tribunal under SAFEMA, New Delhi, dismissed the appeal filed by Shri Gajendra Narayan against confirmation of provisional attachment passed under the PMLA, 2002, holding that large cash deposits made in his bank accounts were not supported by any cogent or reliable evidenc

Please become a Premium member. If you are already a Premium member, login here to access the full content.