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    <title>2026 (1) TMI 1351 - APPELLATE TRIBUNAL UNDER SAFEMA AT NEW DELHI</title>
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    <description>Mortgaged property attached as value property under the PMLA may, in appropriate facts, still be enforced by a secured creditor under SARFAESI where the bank&#039;s security interest predates the offence period. The attachment does not automatically bar auction before trial if the secured creditor&#039;s rights can be protected and no useful purpose would be served by delaying enforcement. The surplus remaining after satisfaction of the bank&#039;s dues must be preserved for the enforcement authority, and prior notice must be given to the co-mortgagee. The decision balances money-laundering attachment with secured creditor enforcement rights.</description>
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    <pubDate>Wed, 21 Jan 2026 00:00:00 +0530</pubDate>
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      <title>2026 (1) TMI 1351 - APPELLATE TRIBUNAL UNDER SAFEMA AT NEW DELHI</title>
      <link>https://www.taxtmi.com/caselaws?id=785595</link>
      <description>Mortgaged property attached as value property under the PMLA may, in appropriate facts, still be enforced by a secured creditor under SARFAESI where the bank&#039;s security interest predates the offence period. The attachment does not automatically bar auction before trial if the secured creditor&#039;s rights can be protected and no useful purpose would be served by delaying enforcement. The surplus remaining after satisfaction of the bank&#039;s dues must be preserved for the enforcement authority, and prior notice must be given to the co-mortgagee. The decision balances money-laundering attachment with secured creditor enforcement rights.</description>
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      <law>Money Laundering</law>
      <pubDate>Wed, 21 Jan 2026 00:00:00 +0530</pubDate>
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