https://www.taxtmi.com/caselaws?id=800182 Release of property mortgaged to a bank but attached under the Prevention of Money Laundering Act requires the mortgagee to establish non-involvement in the offence and adequate due diligence in both loan sanction and recovery. RBI guidance for advances against a depositor's own fixed deposits does not extend to loans secured by third-party deposits. Delayed recovery action and unresolved concerns over fund flows or prior associations may prevent enforcement of the security interest. Relief concerning auction and outstanding dues may be pursued before the Special Court under the Act's prescribed provisions. en-us Thu, 24 Sep 2026 00:00:00 +0530 Sat, 03 Oct 2026 09:32:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=800182 Release of property mortgaged to a bank but attached under the Prevention of Money Laundering Act requires the mortgagee to establish non-involvement in the offence and adequate due diligence in both loan sanction and recovery. RBI guidance for advances against a depositor's own fixed deposits does not extend to loans secured by third-party deposits. Delayed recovery action and unresolved concerns over fund flows or prior associations may prevent enforcement of the security interest. Relief concerning auction and outstanding dues may be pursued before the Special Court under the Act's prescribed provisions. Case-Laws Money Laundering Thu, 24 Sep 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=800182