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ED’s attachment of Bengaluru flat in Kingfisher Airlines probe is lawful: Karnataka HC
The Karnataka high court upheld the Enforcement Directorate's (ED) attachment of a Bengaluru flat linked to Vijay Mallya’s Kingfisher Airlines, amidst ongoing investigations into ₹9,200-crore loan defaults. The court ruled the flat's unregistered sale agreement invalid, confirming the ED’s authority to classify it as "proceeds of crime" under the PMLA. This follows a challenge to a previous tribunal ruling.
E-Paper

