today are other than the properties pledged to banks, NBFCs by DCHL, which are under attachment or taken over under SARFAESI Act or Debts Recovery Tribunal (DRT) proceedings. "Further investigation is under progress," it added. The attachment of assets under PMLA is aimed at depriving the accused of taking benefits of their ill-gotten wealth and such an order gets confirmed after a directive is passed by the Adjudicating Authority of the said Act within 180 days. (This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)

Source: dna March 28, 2017 15:11 UTC