Concessional penalty for search-disclosed unreconciled jewellery applies where substantive disclosure conditions are met despite omission from origina...
HC dismissed the writ petition challenging search proceedings under PMLA, affirming the Directorate of Enforcement's investigative authority. The court held that judicial review is strictly limited to verifying whether "reasons to believe" were recorded in writing prior to search, without examining the investigating officer's subjective satisfaction. The court emphasized that search procedures aimed at uncovering potential economic offenses serve national interest and constitutional mandates of economic justice. The petition challenging the search was deemed an abuse of legal process, with the court noting the serious allegations of malpractice against the state corporation. The Directorate of Enforcement was granted liberty to continue its investigation under the Prevention of Money Laundering Act.
HC dismissed the writ petition challenging search proceedings under PMLA, affirming the Directorate of Enforcement's investigative authority. The court held that judicial review is strictly limited to verifying whether "reasons to believe" were recorded in writing prior to search, without examining the investigating officer's subjective satisfaction. The court emphasized that search procedures aimed at uncovering potential economic offenses serve national interest and constitutional mandates of economic justice. The petition challenging the search was deemed an abuse of legal process, with the court noting the serious allegations of malpractice against the state corporation. The Directorate of Enforcement was granted liberty to continue its investigation under the Prevention of Money Laundering Act.
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