The Life of a Seizure: Telangana High Court Reaffirms the Test for Continued Retention under the PMLA
Search and seizure under the Prevention of Money Laundering Act, 2002 (“PMLA”) do not, by themselves, permit indefinite retention of the property seized. Continued retention must satisfy the requirements prescribed by the Act. That question reached the Telangana High Court in M/s. Musaddilal Gems and Jewels India Private Limited v. Deputy Director, Directorate of Enforcement1. The Enforcement Directorate (“ED”) had […]
Read More ››
