The Appellate Tribunal under the Prevention of Money Laundering Act (PMLA) has provided partial relief to Pune-based builder Avinash Bhosale by overturning the Enforcement Directorate's (ED) seizure of most of his properties linked to the Yes Bank-DHFL case. The tribunal upheld the attachment of properties valued at ₹25 crore (approximately $3 million USD), including a 6,143-square-metre land parcel in Pune worth ₹14.65 crore and a 20,200-square-foot land parcel in Nagpur valued at ₹15.52 crore. The ED had initially seized assets totaling over ₹163 crore (approximately $19.6 million USD), which included a duplex flat in Mumbai valued at ₹102.8 crore. The tribunal's decision stems from its finding that the ED could not substantiate its claims regarding the commercial nature of the transactions between Bhosale and developer Sanjay Chhabria. The tribunal noted that the ED failed to demonstrate legal authority to classify the transactions as commercially irrational, as no such allegations were present in the FIR or ECIR. This ruling highlights the complexities of the case, which involves alleged financial misconduct by Yes Bank founder Rana Kapoor and DHFL promoters Kapil and Dheeraj Wadhawan.