https://www.taxtmi.com/news?id=39377 Attachment of immovable properties has been carried out under the Prevention of Money Laundering Act in connection with an alleged bank loan fraud by a corporate group and its promoters, based on complaints alleging misappropriation and diversion of loan proceeds through related-party sales, repayments to sister concerns, and unusual director interest payments; authorities executed provisional attachment of commercial plots, a farmhouse, and a commercial flat-office to secure alleged proceeds of crime. en-us Tue, 01 Apr 2025 19:46:02 +0530 Tue, 01 Apr 2025 19:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39377 Attachment of immovable properties has been carried out under the Prevention of Money Laundering Act in connection with an alleged bank loan fraud by a corporate group and its promoters, based on complaints alleging misappropriation and diversion of loan proceeds through related-party sales, repayments to sister concerns, and unusual director interest payments; authorities executed provisional attachment of commercial plots, a farmhouse, and a commercial flat-office to secure alleged proceeds of crime. News - Tue, 01 Apr 2025 19:46:02 +0530 https://www.taxtmi.com/news?id=39377