https://www.taxtmi.com/caselaws?id=408527 The appellant, a Public Charitable Trust, challenged the freezing of its bank accounts under the Prevention of Money-Laundering Act, 2002 (PMLA), arguing it was illegal. The court partially allowed the writ petition, permitting the appellant to withdraw a specified amount from certain accounts for expenses. The provisional attachment order under PMLA was contested as an attempt to cover up the initial freezing without following mandatory procedures. The court granted interim relief allowing the appellant to operate specific accounts for essential expenses. The case emphasized compliance with statutory provisions and the authority's jurisdiction, with the court directing the appellant to participate in pending adjudication proceedings. en-us Thu, 08 Apr 2021 00:00:00 +0530 Mon, 14 Jun 2021 09:08:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=408527 The appellant, a Public Charitable Trust, challenged the freezing of its bank accounts under the Prevention of Money-Laundering Act, 2002 (PMLA), arguing it was illegal. The court partially allowed the writ petition, permitting the appellant to withdraw a specified amount from certain accounts for expenses. The provisional attachment order under PMLA was contested as an attempt to cover up the initial freezing without following mandatory procedures. The court granted interim relief allowing the appellant to operate specific accounts for essential expenses. The case emphasized compliance with statutory provisions and the authority's jurisdiction, with the court directing the appellant to participate in pending adjudication proceedings. Case-Laws Money Laundering Thu, 08 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=408527