https://www.taxtmi.com/highlights?id=89428 The AT adjudicated a complex financial dispute involving money laundering and secured creditor rights. The tribunal held that while PMLA is a special act with precedence, the secured creditor (AARC) can stake claim before the PMLA Special Judge for property auction. The creditor must submit an undertaking to deposit any excess auction proceeds with ED via fixed deposit receipts. The court mandated inviting objections from interested parties and directed that final disposition of funds shall occur post-trial conclusion, effectively balancing investigative interests with creditor rights under SARFAESI and PMLA provisions. en-us Mon, 16 Jun 2025 08:39:04 +0530 Mon, 16 Jun 2025 08:39:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=89428 The AT adjudicated a complex financial dispute involving money laundering and secured creditor rights. The tribunal held that while PMLA is a special act with precedence, the secured creditor (AARC) can stake claim before the PMLA Special Judge for property auction. The creditor must submit an undertaking to deposit any excess auction proceeds with ED via fixed deposit receipts. The court mandated inviting objections from interested parties and directed that final disposition of funds shall occur post-trial conclusion, effectively balancing investigative interests with creditor rights under SARFAESI and PMLA provisions. Highlights Money Laundering Mon, 16 Jun 2025 08:39:04 +0530 https://www.taxtmi.com/highlights?id=89428