Special Court Cannot Decide Section 8(7) PMLA Confiscation While Appeal Against Attachment Is Pending: Supreme Court in Nav Nirman Builders v. Union of India [2026 INSC 130]
Supreme Court sets aside a PMLA confiscation order passed under Section 8(7) while the owner's appeal against confirmation of attachment was pending before the Appellate Tribunal. A deemed stay operates until the Section 8(3) order attains finality, and the appeal is restored for decision on merits.
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