https://www.taxtmi.com/news?id=63092 Assets worth Rs 520.8 crore attached as alleged proceeds of crime were subject to restitution under the Prevention of Money Laundering Act after the successful resolution applicant under insolvency deposited the substituted value in an interest-bearing fixed deposit; ED consented to restoration conditioned on no connection between the SRA and the erstwhile management or beneficiaries, and the Supreme Court ordered restoration with accumulated interest under section 8(8) of the PMLA. en-us Fri, 28 Nov 2025 21:31:03 +0530 Fri, 28 Nov 2025 21:31:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=63092 Assets worth Rs 520.8 crore attached as alleged proceeds of crime were subject to restitution under the Prevention of Money Laundering Act after the successful resolution applicant under insolvency deposited the substituted value in an interest-bearing fixed deposit; ED consented to restoration conditioned on no connection between the SRA and the erstwhile management or beneficiaries, and the Supreme Court ordered restoration with accumulated interest under section 8(8) of the PMLA. News - Fri, 28 Nov 2025 21:31:03 +0530 https://www.taxtmi.com/news?id=63092