https://www.taxtmi.com/caselaws?id=377708 The tribunal set aside the impugned order and quashed the provisional attachment order regarding the bank's mortgaged properties. It affirmed the bank's right to recover its dues as a secured creditor, emphasizing that the properties were not linked to the alleged criminal activities. The tribunal highlighted the need to safeguard the banking system from unjustified encumbrances, allowing the bank to proceed with recovery efforts while maintaining the borrowers' liability under the law. en-us Thu, 28 Mar 2019 00:00:00 +0530 Wed, 03 Apr 2019 05:57:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377708 The tribunal set aside the impugned order and quashed the provisional attachment order regarding the bank's mortgaged properties. It affirmed the bank's right to recover its dues as a secured creditor, emphasizing that the properties were not linked to the alleged criminal activities. The tribunal highlighted the need to safeguard the banking system from unjustified encumbrances, allowing the bank to proceed with recovery efforts while maintaining the borrowers' liability under the law. Case-Laws Money Laundering Thu, 28 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377708