https://www.taxtmi.com/caselaws?id=351620 The Tribunal allowed the appeal against the Adjudicating Authority's order under the PMLA Act. It found the appellant's case similar to a previous case where properties were purchased before the sanctioned loans, and banks were not involved in the offense. The Tribunal criticized the Authority for not considering its judgment and failing to discuss relevant Supreme Court and High Court decisions. It emphasized the necessity of respecting higher authorities' decisions and consulting legal members. The impugned order was stayed until final disposal, stressing the importance of following legal precedents for just decisions under the PMLA Act. en-us Mon, 20 Nov 2017 00:00:00 +0530 Tue, 28 Nov 2017 08:41:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=351620 The Tribunal allowed the appeal against the Adjudicating Authority's order under the PMLA Act. It found the appellant's case similar to a previous case where properties were purchased before the sanctioned loans, and banks were not involved in the offense. The Tribunal criticized the Authority for not considering its judgment and failing to discuss relevant Supreme Court and High Court decisions. It emphasized the necessity of respecting higher authorities' decisions and consulting legal members. The impugned order was stayed until final disposal, stressing the importance of following legal precedents for just decisions under the PMLA Act. Case-Laws Money Laundering Mon, 20 Nov 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=351620