Bank's Secured Mortgages Protected Under PMLA, Cannot Be Attached If Borrowed Without Criminal Proceeds Involvement.

If the bank is an innocent party and victim from the hand of borrowers, who mortgaged the properties which were not acquired from the proceed of crime, being a secured creditors, the mortgaged properties cannot be attached under PMLA .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X