Encore ARC

DSK properties auction rejection : Court Shields Investors

Mumbai PMLA court blocks Encore ARC's bid to auction DSK properties auction rejection , protecting thousands of investors in money laundering case. Key details on MPID, PMLA attachments. (148 chars) Court Rejects ARC's Auction Bid Special Judge R B Rote ruled that the mortgaged properties remain attached under both the Prevention of Money Laundering Act (PMLA) by the Enforcement Directorate (ED) and...

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