https://www.taxtmi.com/caselaws?id=413653 The Court refrained from reviewing the factual basis of the provisional attachment order under the Prevention of Money-Laundering Act, 2002. It emphasized the ongoing adjudication process and allowed the statutory authority to proceed with the scheduled hearing. The Court directed the adjudicating authority to address the legal issues raised by the petitioners, stressing the importance of a prompt resolution and granting the petitioners the option to provide a bank guarantee during the proceedings. Ultimately, the writ petition challenging the order was disposed of, with the focus on expeditiously concluding the adjudication process. en-us Tue, 12 Oct 2021 00:00:00 +0530 Sat, 16 Oct 2021 12:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413653 The Court refrained from reviewing the factual basis of the provisional attachment order under the Prevention of Money-Laundering Act, 2002. It emphasized the ongoing adjudication process and allowed the statutory authority to proceed with the scheduled hearing. The Court directed the adjudicating authority to address the legal issues raised by the petitioners, stressing the importance of a prompt resolution and granting the petitioners the option to provide a bank guarantee during the proceedings. Ultimately, the writ petition challenging the order was disposed of, with the focus on expeditiously concluding the adjudication process. Case-Laws Money Laundering Tue, 12 Oct 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413653