Does the PMLA Appellate Tribunal Have the Power to Remand? Interpreting Section 26(4) of PMLA
Introduction Can the PMLA Appellate Tribunal exercise a power that the law never explicitly granted it? This question lies at the heart of a growing legal debate surrounding the Prevention of Money-Laundering Act, 20021 (PMLA). While the Act was designed to create a robust system of checks and balances against the Enforcement Directorate’s (ED) vast powers of attachment, the procedural […]
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