https://www.taxtmi.com/caselaws?id=467857 Residential property purchased after the alleged offence period may remain under attachment where the record links payments and EMI servicing to proceeds of crime; the attachment was therefore upheld. A secured creditor with a mortgage over the same property is recognised, but the proper course is to seek relief before the Special Judge under the statutory procedure governing disposal and adjustment of sale proceeds. The secured creditor may pursue that remedy without affecting the criminal proceedings, but the mortgage does not by itself displace attachment where the property is traceable to illicit funds. en-us Wed, 19 Mar 2025 00:00:00 +0530 Mon, 06 Apr 2026 20:55:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467857 Residential property purchased after the alleged offence period may remain under attachment where the record links payments and EMI servicing to proceeds of crime; the attachment was therefore upheld. A secured creditor with a mortgage over the same property is recognised, but the proper course is to seek relief before the Special Judge under the statutory procedure governing disposal and adjustment of sale proceeds. The secured creditor may pursue that remedy without affecting the criminal proceedings, but the mortgage does not by itself displace attachment where the property is traceable to illicit funds. Case-Laws Money Laundering Wed, 19 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467857