https://www.taxtmi.com/caselaws?id=801310 Redevelopment of a co-operative housing society may proceed despite a confirmed money-laundering attachment over a flat, provided the enforcement interest remains fully protected. Safeguards include identifying a replacement flat, continuing the attachment and possession in favour of the Enforcement Directorate, disclosing the attachment in redevelopment documents, and prohibiting transfer or encumbrance. All redevelopment-related accruals must be deposited directly into an account designated by the Enforcement Directorate. A bank guarantee is unnecessary where it would financially burden the society before the developer and redevelopment terms are finalised. Relevant development documents require enforcement vetting, and the Special Court must be informed of the arrangement. en-us Tue, 13 Oct 2026 00:00:00 +0530 Mon, 19 Oct 2026 07:01:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801310 Redevelopment of a co-operative housing society may proceed despite a confirmed money-laundering attachment over a flat, provided the enforcement interest remains fully protected. Safeguards include identifying a replacement flat, continuing the attachment and possession in favour of the Enforcement Directorate, disclosing the attachment in redevelopment documents, and prohibiting transfer or encumbrance. All redevelopment-related accruals must be deposited directly into an account designated by the Enforcement Directorate. A bank guarantee is unnecessary where it would financially burden the society before the developer and redevelopment terms are finalised. Relevant development documents require enforcement vetting, and the Special Court must be informed of the arrangement. Case-Laws Money Laundering Tue, 13 Oct 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801310