Banks are in crisis: PMLA Appellate Tribunal backs PNB, sets aside ED attachment order

Banks are in crisis: PMLA Appellate Tribunal backs PNB, sets aside ED attachment order

The Prevention of Money Laundering Act (PMLA) Appellate Tribunal has set aside an order passed by the Adjudicating Authority which allowed the Enforcement Directorate (ED) to attach properties of a company indebted to Punjab National Bank (PNB).

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