https://www.taxtmi.com/news?id=38760 Provisional attachment of assets identified as proceeds of crime under the Prevention of Money Laundering Act arising from alleged bank loan fraud by an insolvent corporate group. The attachments cover land, urban properties, bank balances, fixed deposits, securities, mutual funds and investments, including assets beneficially owned by the promoter, third-party assets receiving proceeds from real estate verticals, and assets alienated before or during insolvency proceedings, to facilitate recovery of diverted or laundered funds. en-us Wed, 26 Mar 2025 23:01:02 +0530 Wed, 26 Mar 2025 23:01:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=38760 Provisional attachment of assets identified as proceeds of crime under the Prevention of Money Laundering Act arising from alleged bank loan fraud by an insolvent corporate group. The attachments cover land, urban properties, bank balances, fixed deposits, securities, mutual funds and investments, including assets beneficially owned by the promoter, third-party assets receiving proceeds from real estate verticals, and assets alienated before or during insolvency proceedings, to facilitate recovery of diverted or laundered funds. News - Wed, 26 Mar 2025 23:01:02 +0530 https://www.taxtmi.com/news?id=38760