Court Grants Interim Relief, Stays Summons Under Prevention of Money Laundering Act Until Next Hearing.

The HC granted the exemption application subject to all just exceptions, disposing of the related applications. Regarding the writ petition, the petitioner sought relief from summons under Section 50(2) of the Prevention of Money Laundering Act, 2002. The court provided ad interim relief by staying the summons until the next hearing date, 12.09.2019.

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Issues:
1. Exemption application
2. Writ petition seeking relief from summons under Prevention of Money Laundering Act, 2002

Exemption Application:
The High Court allowed the exemption application subject to all just exceptions. The applications were disposed of in this regard.

Writ Petition Seeking Relief from Summons:
In the writ petition, the petitioner sought relief from the summons issued under Section 50(2) of the Prevention of Money Laundering Act, 2002. The petitioner's statement was recorded in 2017 under the Act, and the petitioner was cited as a witness in a specific case. The court noted that post filing the complaint, investigation, and cognizance were taken by the competent trial court. Summons were issued to the petitioner under Section 50(2) of the Act, 2002. Considering these aspects, the court granted ad interim relief by staying the summons until the next date of hearing, which was scheduled for 12.09.2019.

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