https://www.taxtmi.com/caselaws?id=363399 The Tribunal set aside the impugned order and Provisional Attachment Order, holding that the properties mortgaged with the Appellant Bank were not "proceeds of crime." The Bank, as a secured creditor, was granted priority over claims under the PMLA. The Tribunal directed the Bank to move its claim before the Special Court for property disposal. The appeal was disposed of, with parties instructed not to sell or dispose of the property until further orders from the Special Court. en-us Wed, 04 Jul 2018 00:00:00 +0530 Thu, 12 Jul 2018 08:32:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=363399 The Tribunal set aside the impugned order and Provisional Attachment Order, holding that the properties mortgaged with the Appellant Bank were not "proceeds of crime." The Bank, as a secured creditor, was granted priority over claims under the PMLA. The Tribunal directed the Bank to move its claim before the Special Court for property disposal. The appeal was disposed of, with parties instructed not to sell or dispose of the property until further orders from the Special Court. Case-Laws Money Laundering Wed, 04 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=363399