The High Court of Karnataka, in a significant judgment, has dismissed four appeals filed by the Directorate of Enforcement (ED), upholding an order by the PMLA Appellate Tribunal that quashed the attachment of seven properties mortgaged to Syndicate Bank. The Division Bench, comprising Justice DK Singh and Justice Venkatesh Naik T, ruled that properties mortgaged
PMLA Attachment Cannot Nullify Bank’s Rights Under SARFAESI Act: Karnataka HC Upholds Quashing of ED Order
