Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
SAFEMA Tribunal holds that a valid mortgage by an Indian bank does not override property attachment under PMLA if proceeds are linked to money laundering.
SAFEMA Tribunal affirms ED’s PMLA attachment despite Indian bank mortgage, citing lack of registration and due diligence.
SAFEMA Tribunal upholds ED’s attachment of Ooty property, finding prima facie link to illicit funds from a housing project despite tax disclosures.
SAFEMA Tribunal allows PMLA attachment to remain effective without ED taking physical possession, preserving rights until trial concludes.
SAFEMA Tribunal upheld ED's attachment of ₹2.65 crore properties, rejecting claims of family loans due to lack of documentation and evidentiary support.
SAFEMA Tribunal allows PMLA attachment without physical possession, protects occupancy rights, and mandates rental deposits during trial.
SAFEMA Tribunal upheld benami attachment of properties worth ₹2.65 crore, rejecting an undocumented family loan as insufficient to rebut the presumption under PMLA.
31 FAQs clarify coordination between RBI and Enforcement Directorate in FEMA violations. Distinctions from PMLA attachments and adjudication process outlined.