“Following a High Court directive, the Enforcement Directorate unfreezes businessman Avinash Bhosale’s ARA Properties, which were earlier seized in a money laundering case despite his discharge by the PMLA court.”
Mumbai | August 6, 2025: In a significant development, the Enforcement Directorate (ED) has officially released the properties of businessman Avinash Bhosale’s firm, ARA Properties, after being directed to do so by the High Court. These properties, which host multiple offices of Bhosale’s businesses, were previously attached under a money laundering probe.
Although Bhosale was discharged by a special PMLA court during 2022–23, the ED had continued to retain control over the assets. This prompted Bhosale to approach the High Court for relief.
The ED has now informed the court that all related authorities, including the Inspector General of Registration and the Chairman of the concerned society, have been notified regarding the release of the property.
The agency also stated in court that the appellate tribunal had earlier set aside the attachment order, and all accused had been discharged. Accepting the tribunal’s ruling, the ED clarified:
“This order has been accepted. Therefore, it is requested that the above property may be released.”
With the property now officially unfrozen, this marks the end of a prolonged legal standoff between Bhosale and the enforcement agency. The businessman had been under the scanner for alleged involvement in a high-value financial misconduct case but was exonerated by the court.
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