Coal block allocation letter constitutes property: Delhi HC

New Delhi: The Delhi High Court on Friday said that a coal block allocation letter constitutes property within the meaning of the Prevention of Money Laundering Act (PMLA), adding that intangible property has assumed immense legal and commercial significance in modern era. A bench of justices Anil Kshetarpaland and Harish Vaidyanathan Shankar said that the Get the latest updates in Hyderabad City News , Technology , Entertainment , Sports , Politics and Top Stories on WhatsApp & Telegram by subscribing to our channels. You can also download our app for Android and iOS .