Properties attached in PMLA Case should be released after Acquittal: Telangana HC [Read Order]

Properties - PMLA Case - PMLA - Acquittal - Telangana high court - taxscan

A Division Bench of the Telangana High Court, observed that the properties attached under the PMLA (Prevention of Money Laundering Act, 2002) shall be released upon closure of the case against their owners, either through acquittal or settlement through compromise. The High Court was dealing with a petition filed by Manturi Shashi Kumar and his…

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