Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
PMLA does not Mandate Attaching a Property Unconnected with Proceeds of crime: Kerala HC
The Kerala High Court ruled that properties unconnected to the proceeds of crime cannot be attached under the Prevention of Money Laundering Act (PMLA). This decision addresses the issue of asset attachment in money laundering cases, clarifying that only properties directly linked to the crime can be confiscated. The ruling ensures that the rights of property owners who have no connection to illegal activities are protected. This verdict reinforces the principle of fairness in the application of the PMLA and highlights the need for clear evidence of a link between the property and the alleged crime.