https://www.taxtmi.com/news?id=71998 Attachment of proceeds of crime under the Prevention of Money Laundering Act was described as prevailing over debt recovery legislation, including the SARFAESI and RDB Acts, where the property is linked to money laundering. The key legal point is that the PMLA operates with overriding effect in relation to attachment proceedings concerning tainted assets, and debt recovery mechanisms do not displace action taken under the anti-money laundering framework. en-us Mon, 30 Mar 2026 17:46:04 +0530 Mon, 30 Mar 2026 17:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=71998 Attachment of proceeds of crime under the Prevention of Money Laundering Act was described as prevailing over debt recovery legislation, including the SARFAESI and RDB Acts, where the property is linked to money laundering. The key legal point is that the PMLA operates with overriding effect in relation to attachment proceedings concerning tainted assets, and debt recovery mechanisms do not displace action taken under the anti-money laundering framework. News - Mon, 30 Mar 2026 17:46:04 +0530 https://www.taxtmi.com/news?id=71998