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Provisional attachment order couldn't be passed merely on basis of FIR registered by CBI

April 5, 2019[2019] 103 439 ((PMLA-AT), NEW DELHI)

FEMA, BANKING & INSURANCE : Where respondent did not give any cogent and cohesive reason and passed impugned provisional attachment order mechanically on basis of FIR registered by CBI against appellant under provisions of Indian Penal Code and Prevention of Corruption Act, order so passed deserved to be set aside

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