Court Orders Seizure of Assets Valued Over Rs 8,078 crore Linked to PMLA Case

A Delhi court, acting on the ED’s petition, has ordered the attachment of assets worth approximately Rs 8,078.06 crore that are believed to be owned or controlled by the accused in the PMLA investigation.

The seized property portfolio includes both leasehold and freehold holdings located in major Indian cities such as New Delhi, Navi Mumbai, Bhubaneswar, Chennai and Pune. The court’s decision comes after the Special PMLA Court accepted the main charge sheet on 15 June and the ED presented detailed evidence of asset ownership.

The attachment aims to prevent the accused from disposing of or encumbering the properties while the investigation proceeds. Authorities have already taken custodial control of several commercial premises and residential units linked to the named individuals and corporate entities.

Both Gautam Doshi and Satish Seth, who were arrested on 12 June and 9 July respectively, remain in judicial custody. Their detention is expected to continue as the probe delves deeper into the alleged money‑laundering activities.

The court’s order underscores the seriousness with which Indian law enforcement is treating large‑scale financial fraud and reinforces the broader crackdown on illicit fund flows under the PMLA framework.