https://www.taxtmi.com/caselaws?id=402476 An assignee secured creditor whose interest in mortgaged property was brought to the Adjudicating Authority's notice had to be heard before confirmation of provisional attachment under PMLA. The authority was required to consider the substitution request, reply, and submissions; failure to deal with them amounted to breach of the statutory notice-and-hearing requirements under Section 8 and violation of natural justice. The impugned confirmation was therefore unsustainable against the assignee and the attached properties, and the matter had to be reconsidered after affording due opportunity, while the attachment continued pending fresh adjudication. en-us Thu, 31 Dec 2020 00:00:00 +0530 Mon, 04 Jan 2021 10:56:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402476 An assignee secured creditor whose interest in mortgaged property was brought to the Adjudicating Authority's notice had to be heard before confirmation of provisional attachment under PMLA. The authority was required to consider the substitution request, reply, and submissions; failure to deal with them amounted to breach of the statutory notice-and-hearing requirements under Section 8 and violation of natural justice. The impugned confirmation was therefore unsustainable against the assignee and the attached properties, and the matter had to be reconsidered after affording due opportunity, while the attachment continued pending fresh adjudication. Case-Laws Money Laundering Thu, 31 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402476