Offence under PMLA - attachment of property - Since the action ...

Case Laws Money Laundering

June 26, 2019

Offence under PMLA - attachment of property - Since the action taken by the Bank of India was in accordance with law and was prior to the proceedings initiated under PMLA Act, the proceedings initiated by the Bank under the I&B Code is ought to be given precedence over the proceedings initiated under PMLA Act in respect of the aforementioned properties - hence the consequential order of confirmation of PAO is contrary to law

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Offence under PMLA - attachment of property - Since the action ...

Case Laws Money Laundering

June 26, 2019

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