India, April 20 -- In a partial relief to Pune-based builder Avinash Bhosale in the corruption case linked to Dewan Housing Finance Ltd (DHFL) and Yes Bank, an appellate tribunal in New Delhi under the Prevention of Money Laundering Act (PMLA) has set aside most of the Enforcement Directorate's (ED) provisional attachment orders worth over Rs.139 crore, while upholding attachment of assets worth Rs.25 crore.

The tribunal, comprising justice Munishwar Nath Bhandari (Chairman) and member GC Mishra, was hearing a batch of appeals filed by Bhosale, his wife Gauri Bhosale, and associated entities challenging the confirmation of a provisional attachment order issued in August 2022.

Bhosale, founder of Pune-based Avinash Bhosale Infrastructure...