Chhattisgarh HC says Economic Value of Frozen Assets must be preserved during PMLA proceedings

The Chhattisgarh High Court ruled that asset preservation under PMLA includes safeguarding economic value, not just legal control. This allows for liquidation of volatile market-linked assets like shares, with proceeds reinvested in low-risk instruments under ED supervision to prevent wealth erosion during investigations.

Raccontata daeconomictimes.indiatimes.com