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Attachment order under Money Laundering Act was null & void as property wasn't acquired out of proceeds of crime

December 29, 2018[2018] 100 377 ((PMLA-AT), NEW DELHI)

FEMA & BANKING : Where properties attached by Adjudicating Authority under PMLA were mortgaged with bank and were not acquired out of any proceeds of crime, attachment was contrary to law and null and void

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