Home Business PMLA court allowed banks to debt recovery by selling Mallya’s confiscated properties

PMLA court allowed banks to debt recovery by selling Mallya’s confiscated properties

By
Lucky Jain
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499
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(G.N.S) Dt. 01 Mumbai The special court of Prevention of Money Laundering Act (PMLA) has allowed State Bank of India (SBI) and several other banks to debt recover by selling Vijay Mallya’s confiscated properties. It may be noted that earlier the Enforcement Directorate (ED) said that it had no objection to the

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