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    <title>2023 (1) TMI 1460 - BOMBAY HIGH COURT</title>
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    <description>The appeal challenged the order confirming provisional attachment under PMLA against properties charged to the appellant, claiming priority as a secured creditor under SARFAESI Act. Legal questions included the precedence of SARFAESI Act rights over PMLA attachments and the legality of provisional attachment orders without specific allegations. An interim application sought the appointment of a Court Receiver for property sale, with the court allowing the appellant to sell properties under SARFAESI Act. The court emphasized the need for further examination of the issues and passed an interim order to prevent property value erosion, pending a final decision on rights priority.</description>
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    <pubDate>Wed, 11 Jan 2023 00:00:00 +0530</pubDate>
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      <title>2023 (1) TMI 1460 - BOMBAY HIGH COURT</title>
      <link>https://www.taxtmi.com/caselaws?id=306441</link>
      <description>The appeal challenged the order confirming provisional attachment under PMLA against properties charged to the appellant, claiming priority as a secured creditor under SARFAESI Act. Legal questions included the precedence of SARFAESI Act rights over PMLA attachments and the legality of provisional attachment orders without specific allegations. An interim application sought the appointment of a Court Receiver for property sale, with the court allowing the appellant to sell properties under SARFAESI Act. The court emphasized the need for further examination of the issues and passed an interim order to prevent property value erosion, pending a final decision on rights priority.</description>
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      <law>Money Laundering</law>
      <pubDate>Wed, 11 Jan 2023 00:00:00 +0530</pubDate>
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