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HomeCompany & PMLAAncestral Property Not Immune From PMLA Attachment: Delhi High Court

Ancestral Property Not Immune From PMLA Attachment: Delhi High Court

Company & PMLA

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By Mariya Paliwala
Delhi High Court

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The Delhi High Court has held that ancestral or inherited property is not automatically immune from attachment if it represents the “value of proceeds of crime.”  The Bench of Justice Navin Chawla and Justice Ravinder Dudeja has observed that dismissed an appeal challenging the attachment of a residential property in Delhi, affirming the powers of…

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Mariya Paliwala
Mariya Paliwalahttps://www.jurishour.in/
Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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