Vijay Mallya: ED has no lien over attached properties till end of trial, PMLA Tribunal bats for banks

Vijay Mallya: ED has no lien over attached properties till end of trial, PMLA Tribunal bats for banks

In a victory for the consortium of banks owed money by Vijay Mallya, the Appellate Tribunal for Prevention of Money Laundering Act (PMLA) at Delhi has passed an interim order stating that the Enforcement Directorate (ED) cannot hold lien over the attached properties of Mallya and his companies till the end of the trial.

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