https://www.taxtmi.com/caselaws?id=404541 The court dismissed the petition challenging the jurisdiction of proceedings under the Prevention of Money Laundering Act (PML Act). It held that the authorities had acted within their powers, emphasizing the comprehensive nature of the PML Act and the availability of alternative remedies for aggrieved parties. The court rejected arguments regarding delay, legality of seizure, and applicability of the PML Act, stating that it would not intervene at an early stage of the proceedings. en-us Mon, 11 Jan 2021 00:00:00 +0530 Wed, 24 Feb 2021 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404541 The court dismissed the petition challenging the jurisdiction of proceedings under the Prevention of Money Laundering Act (PML Act). It held that the authorities had acted within their powers, emphasizing the comprehensive nature of the PML Act and the availability of alternative remedies for aggrieved parties. The court rejected arguments regarding delay, legality of seizure, and applicability of the PML Act, stating that it would not intervene at an early stage of the proceedings. Case-Laws Money Laundering Mon, 11 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404541