The intersection of inherited property rights and the Prevention of Money Laundering Act (PMLA) remains a complex legal landscape. In a significant recent judgment, the Delhi High Court has clarified that ancestral or inherited properties are not immune from attachment under the PMLA.
In an article published in Business Standard, our Partner Nikhil Varshney discusses how the definition of ‘proceeds of crime’ is being interpreted by the judiciary to include untainted assets of equivalent value, regardless of their acquisition date or inherited nature. (Photo Credits: Business Standard)
