https://www.taxtmi.com/caselaws?id=188320 During a PMLA investigation, the competent authority may summon any person and require production of records under Section 50(2) whenever attendance is considered necessary to give evidence or produce documents. The argument that summons could not issue until a final report was filed in the underlying criminal cases was rejected, because the statutory power operates during investigation itself. The court also distinguished earlier authority relating to attachment of property under Section 5(1), which did not govern investigative summons. Objections based on Articles 14 and 21 did not negate the statutory power, and the summons was held to be within jurisdiction, so the writ petition failed. en-us Fri, 07 Feb 2014 00:00:00 +0530 Fri, 25 Nov 2016 16:24:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=188320 During a PMLA investigation, the competent authority may summon any person and require production of records under Section 50(2) whenever attendance is considered necessary to give evidence or produce documents. The argument that summons could not issue until a final report was filed in the underlying criminal cases was rejected, because the statutory power operates during investigation itself. The court also distinguished earlier authority relating to attachment of property under Section 5(1), which did not govern investigative summons. Objections based on Articles 14 and 21 did not negate the statutory power, and the summons was held to be within jurisdiction, so the writ petition failed. Case-Laws Money Laundering Fri, 07 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=188320