https://www.taxtmi.com/news?id=35776 The Enforcement Directorate attached assets identified as proceeds of crime in a money laundering investigation arising from a bank complaint and CBI FIR; those liquidation proceeds were placed in fixed deposits under a Delhi High Court direction. The ED, invoking the PMLA's restitutive purpose, submitted a no objection to release the fixed deposits to the liquidator so realised assets could be restored to bona fide legitimate claimants and victims, and the high court ordered restitution. en-us Sat, 01 Mar 2025 21:16:03 +0530 Sat, 01 Mar 2025 21:16:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=35776 The Enforcement Directorate attached assets identified as proceeds of crime in a money laundering investigation arising from a bank complaint and CBI FIR; those liquidation proceeds were placed in fixed deposits under a Delhi High Court direction. The ED, invoking the PMLA's restitutive purpose, submitted a no objection to release the fixed deposits to the liquidator so realised assets could be restored to bona fide legitimate claimants and victims, and the high court ordered restitution. News - Sat, 01 Mar 2025 21:16:03 +0530 https://www.taxtmi.com/news?id=35776