https://www.taxtmi.com/caselaws?id=419459 The Supreme Court dismissed the special leave petition challenging the High Court's decision to remand the matter under the Prevention of Money Laundering Act, 2002, for a fresh order under Section 5(1). The Court held that quashing the provisional attachment order does not affect the ongoing adjudication process, which must proceed independently. The power to provisionally attach tainted property lies with the authorized officer under Section 5(1), and the adjudication process continues until completion. The Court's decision does not prejudice the petitioner from seeking other remedies, and all pending applications were disposed of accordingly. en-us Mon, 07 Feb 2022 00:00:00 +0530 Tue, 30 Jun 2026 11:38:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419459 The Supreme Court dismissed the special leave petition challenging the High Court's decision to remand the matter under the Prevention of Money Laundering Act, 2002, for a fresh order under Section 5(1). The Court held that quashing the provisional attachment order does not affect the ongoing adjudication process, which must proceed independently. The power to provisionally attach tainted property lies with the authorized officer under Section 5(1), and the adjudication process continues until completion. The Court's decision does not prejudice the petitioner from seeking other remedies, and all pending applications were disposed of accordingly. Case-Laws Money Laundering Mon, 07 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419459