Case Law Details
Case Name : Directorate of Enforcement Vs Asadhullah Khan (Karnataka High Court)
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All High Courts Karnataka High Court
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Directorate of Enforcement Vs Asadhullah Khan (Karnataka High Court)
Bank’s Secured Assets Cannot Be Attached by ED – SARFAESI Rights Prevail Over PMLA Proceedings -Karnataka HC
Background
The Directorate of Enforcement (ED) filed these four appeals under Section 42 of the PMLA, 2002 challenging the Appellate Tribunal’s order dated 18.09.2017 which had set aside the provisional attachment of certain properties belonging to Asadhullah Khan & his family members, all mortgaged to Syndicate Bank, Mandya Branch.
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