Appellate Tribunal for Forfeited Property

Videocon loan case
Case BriefsTribunals/Commissions/Regulatory Bodies

As per the Rules, Chanda Kochhar should have distanced from the meetings which were held for loan sanction, because of conflict of interest. However, not only did she participate in the meeting, but she also sanctioned the loan under urgent category.

PNB fraud
Case BriefsTribunals/Commissions/Regulatory Bodies

Hearing an appeal filed by co-accused Mihir Bhansali’s wife, the Tribunal stated that PMLA, 2002 entitles the attachment of proceeds of crime which are either generated as a result of criminal activity relating to a scheduled offence, or, equivalent value, or, where such proceeds of crime is taken, or, held outside the country.