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SC dismissed the special leave petition challenging a provisional attachment order under the PMLA, upholding the High Court's refusal to entertain a writ petition under Article 226 where a specific statutory appellate remedy is available. The Court held that the High Court's exercise of discretion to decline writ relief was neither arbitrary nor perverse. Accordingly, the petitioner's challenge is dismissed, with the petitioner granted liberty to pursue the prescribed appellate remedy under the statute. The decision affirms that where a statutory remedy exists, extraordinary constitutional writ jurisdiction will generally be declined, and parties must resort to the designated appellate forum for adjudication of attachment and related relief.
SC dismissed the special leave petition challenging a provisional attachment order under the PMLA, upholding the High Court's refusal to entertain a writ petition under Article 226 where a specific statutory appellate remedy is available. The Court held that the High Court's exercise of discretion to decline writ relief was neither arbitrary nor perverse. Accordingly, the petitioner's challenge is dismissed, with the petitioner granted liberty to pursue the prescribed appellate remedy under the statute. The decision affirms that where a statutory remedy exists, extraordinary constitutional writ jurisdiction will generally be declined, and parties must resort to the designated appellate forum for adjudication of attachment and related relief.
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