Ancestral Property Not Immune from PMLA Attachment: Delhi HC Rules

• The Delhi High Court ruled that ancestral property is not exempt from attachment under the Prevention of Money Laundering Act (PMLA).
• A bench of Justices Navin Chawla and Ravinder Dudeja stated that PMLA has no exception for ancestral or inherited properties in money laundering proceedings.
• The court dismissed an appeal by a man whose Sainik Vihar property, jointly owned with his father, was attached by the Enforcement Directorate.
• The appellant argued the property was not purchased with illicit funds, but the court found this stand misconceived and contrary to PMLA.
• The court affirmed that the property represented a value equivalent to 'proceeds of crime' and its ancestral nature does not grant immunity.