PML-AT directs parties to maintain status-quo of attachment order as same were purchased prior to enforcement of PMLA

FEMA amp; BANKING : Where property attached under PMLA was purchased in year 2004 and owner took a plea that since PMLA, 2002 was not in existence, same could not be made applicable to property which was acquired prior to coming into force of PMLA, parties were directed to maintain status quo till next date of hearing

from www.taxmann.com Latest Case Laws https://ift.tt/2SXhylv