Srinagar- The Act of mortgaging the property with the Bank for securing the loan  cannot by any stretch of imagination be termed as money-laundering, the High Court of J&K and Ladakh has held. “…in order to constitute an offence of money-laundering as defined under Section 3  (of the Prevention of MoneyLaundering Act, 2002), the most important thing […]

The post Mortgaging Property With Bank For Loan Not Money-laundering: HC appeared first on Northlines.