AT allowed appeals by appellants challenging attachment of ...

Karnataka HC upholds appellants' ownership rights over Schedule B properties in PMLA case.

January 22, 2025

Case Laws Money Laundering AT

AT allowed appeals by appellants challenging attachment of properties under PMLA. Based on sale deeds, Schedule B properties were part of floors purchased by appellants, inseparable from their ownership rights. Common areas and parking spaces were integral to enjoyment of main properties. Allottees who obtained conditional orders from Karnataka HC in related proceedings were granted liberty to file claim applications before HC as AT could not entertain their claims since company was under liquidation.

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AT allowed appeals by appellants challenging attachment of ...

Karnataka HC upholds appellants' ownership rights over Schedule B properties in PMLA case.

January 22, 2025

Case Laws Money Laundering AT

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