https://www.taxtmi.com/caselaws?id=400874 The court held that the statutory period of 180 days for the validity of Provisional Attachment Orders under the Prevention of Money Laundering Act, 2002, cannot be extended. The Supreme Court's orders extending limitation periods due to COVID-19 do not apply to such orders. The Adjudicating Authority became functus officio after the 180-day period, rendering it unable to proceed with the complaint. Consequently, the court set aside the Notice/Summons issued by the Adjudicating Authority and allowed the petition. en-us Wed, 18 Nov 2020 00:00:00 +0530 Mon, 26 Jul 2021 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400874 The court held that the statutory period of 180 days for the validity of Provisional Attachment Orders under the Prevention of Money Laundering Act, 2002, cannot be extended. The Supreme Court's orders extending limitation periods due to COVID-19 do not apply to such orders. The Adjudicating Authority became functus officio after the 180-day period, rendering it unable to proceed with the complaint. Consequently, the court set aside the Notice/Summons issued by the Adjudicating Authority and allowed the petition. Case-Laws Money Laundering Wed, 18 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400874