https://www.taxtmi.com/caselaws?id=393518 The High Court dismissed the application for condonation of delay and the subsequent appeal, emphasizing strict adherence to statutory limitations. The investigation revealed money laundering activities involving complex transactions, freezing of funds under PMLA, and retention of documents/articles. The Tribunal's decision aimed to balance justice and fairness, de-freezing shares upon compliance with an indemnity bond. However, the Directorate of Enforcement's late appeal led to its dismissal, highlighting the importance of timely legal actions and adherence to statutory timelines. en-us Thu, 12 Mar 2020 00:00:00 +0530 Tue, 10 Nov 2020 15:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393518 The High Court dismissed the application for condonation of delay and the subsequent appeal, emphasizing strict adherence to statutory limitations. The investigation revealed money laundering activities involving complex transactions, freezing of funds under PMLA, and retention of documents/articles. The Tribunal's decision aimed to balance justice and fairness, de-freezing shares upon compliance with an indemnity bond. However, the Directorate of Enforcement's late appeal led to its dismissal, highlighting the importance of timely legal actions and adherence to statutory timelines. Case-Laws Money Laundering Thu, 12 Mar 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393518