https://www.taxtmi.com/caselaws?id=377589 The statute requires the authorised officer to record reasons to believe in writing at each stage of search, seizure, retention and continued freezing, and the Adjudicating Authority must independently apply its mind before authorising retention. Non-disclosure of the basis for adverse action, failure to address objections, and lack of real consideration of whether the seized documents were needed for adjudication render retention procedurally defective. The text also states that a civil or settled commercial dispute cannot be pursued as money-laundering proceedings absent material showing involvement in the offence or possession of proceeds of crime, and that repeating proceedings on the same subject matter may amount to abuse of process. en-us Wed, 27 Mar 2019 00:00:00 +0530 Sun, 31 Mar 2019 11:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377589 The statute requires the authorised officer to record reasons to believe in writing at each stage of search, seizure, retention and continued freezing, and the Adjudicating Authority must independently apply its mind before authorising retention. Non-disclosure of the basis for adverse action, failure to address objections, and lack of real consideration of whether the seized documents were needed for adjudication render retention procedurally defective. The text also states that a civil or settled commercial dispute cannot be pursued as money-laundering proceedings absent material showing involvement in the offence or possession of proceeds of crime, and that repeating proceedings on the same subject matter may amount to abuse of process. Case-Laws Money Laundering Wed, 27 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377589