Now Reading: Bombay HC quashes ED attachment of Avinash Bhosale’s land parcels
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Bombay HC quashes ED attachment of Avinash Bhosale’s land parcels
The Story in Brief
The Bombay High Court on Wednesday (21 October 2026) set aside the Enforcement Directorate’s (ED) attachment of two land parcels worth about ₹30 crore linked to Pune-based developer Avinash Bhosale in the Yes Bank-DHFL money laundering case. A division bench of Justices AS Gadkari and Kamal Khata found “no basis” for continuing the attachment and called the ED’s conclusion “entirely baseless”, saying official banking transactions cannot be construed as proceeds of crime.
The properties, a 6,143 sq mtr plot in Pune valued at ₹14.65 crore in Samit Realty’s name and a 20,200 sq ft plot in Nagpur valued at ₹15.52 crore in Bhosale’s wife Gauri Bhosale’s name, had been attached by the ED in 2022. The ED had alleged that Bhosale and his entities received proceeds of crime totalling ₹164.64 crore, including ₹25 crore paid by Sanjay Chhabria in 2019 to ABIL. The HC held each transaction was independent and there was no nexus between them. The ED may decide whether to appeal the order.
Indian Opinion Analysis
Both outlets reported the same Bombay High Court order quashing the ED attachment of two land parcels in the Yes Bank-DHFL case, though The Times of India led with the specific ₹25 crore payment ABIL received from Sanjay Chhabria, while The Indian Express led with the quashing of the attachment and the total property value. The Times of India also provided the HC’s detailed reasoning on the dairy business sale agreement from 2016 and the 'independent transactions' point, whereas The Indian Express added the earlier appellate tribunal order and the ED’s 2022 attachment figures. Neither source carried any government or ED defence beyond the factual challenge. The coverage is uniform straight reporting across both outlets, with no discernible slant.
Coverage: 2 sources, 2 neutral
Sources (2): timesofindia.indiatimes.com (neutral report), indianexpress.com (neutral report)
This brief was synthesised by AI from the 2 sources linked above, so one read covers every framing they carry. Methodology and corrections.
