Attachment of Pre Offence Mortgaged Property remains possible under PMLA; secured creditors may pursue statutory claim and seek auction with undertaking. https://www.taxtmi.com/highlights?id=97880 Immovable property mortgaged or assigned before commission of a scheduled offence may be attached as the value of proceeds of crime under PMLA; prior mortgage or assignment does not automatically exempt property from ED attachment. Secured creditors retain procedural remedies within the PMLA regime: they may stake claims before the Special Judge under the PMLA claim procedure and may apply for pre-trial auction of mortgaged immovables on filing an affidavit/undertaking to deposit any excess realisation with the ED. Statutory recovery remedies (SARFAESI/RDB) do not displace PMLA attachment; creditors must seek relief through the prescribed PMLA process. en-us Fri, 20 Mar 2026 08:35:17 +0530 Fri, 20 Mar 2026 08:35:17 +0530 TaxTMI RSS Generator Attachment of Pre Offence Mortgaged Property remains possible under PMLA; secured creditors may pursue statutory claim and seek auction with undertaking. https://www.taxtmi.com/highlights?id=97880 Immovable property mortgaged or assigned before commission of a scheduled offence may be attached as the value of proceeds of crime under PMLA; prior mortgage or assignment does not automatically exempt property from ED attachment. Secured creditors retain procedural remedies within the PMLA regime: they may stake claims before the Special Judge under the PMLA claim procedure and may apply for pre-trial auction of mortgaged immovables on filing an affidavit/undertaking to deposit any excess realisation with the ED. Statutory recovery remedies (SARFAESI/RDB) do not displace PMLA attachment; creditors must seek relief through the prescribed PMLA process. Highlights Money Laundering Fri, 20 Mar 2026 08:35:17 +0530 https://www.taxtmi.com/highlights?id=97880