https://www.taxtmi.com/caselaws?id=289705 Bank accounts frozen during a PMLA investigation cannot continue to remain frozen merely on the basis of Section 102 CrPC if no order has been passed under the specific PMLA provision authorising that restraint. The governing statutory mechanism under the PMLA must be strictly complied with, and a freeze that is not supported by the proper PMLA order is unsustainable. On that basis, the continued freezing of the accounts was held invalid, and the impugned letters and order were quashed. en-us Thu, 14 Nov 2019 00:00:00 +0530 Mon, 17 Aug 2020 07:35:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=289705 Bank accounts frozen during a PMLA investigation cannot continue to remain frozen merely on the basis of Section 102 CrPC if no order has been passed under the specific PMLA provision authorising that restraint. The governing statutory mechanism under the PMLA must be strictly complied with, and a freeze that is not supported by the proper PMLA order is unsustainable. On that basis, the continued freezing of the accounts was held invalid, and the impugned letters and order were quashed. Case-Laws Money Laundering Thu, 14 Nov 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=289705