https://www.taxtmi.com/caselaws?id=435203 The Court quashed the impugned emails directing the freezing of the petitioners' bank accounts due to the absence of an order under Section 17(1-A) of the Prevention of Money Laundering Act, 2002 (PMLA). The Court allowed the authorized officer of the Enforcement Directorate to take necessary action in accordance with the law and restrained the petitioners and the banks from making any debit transactions for 15 days, subject to any order passed by the authorized officer under Section 17. The Court clarified that the decision was based on non-compliance with Section 17(1-A) and did not address the merits of the allegations. en-us Tue, 07 Mar 2023 00:00:00 +0530 Tue, 14 Mar 2023 22:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=435203 The Court quashed the impugned emails directing the freezing of the petitioners' bank accounts due to the absence of an order under Section 17(1-A) of the Prevention of Money Laundering Act, 2002 (PMLA). The Court allowed the authorized officer of the Enforcement Directorate to take necessary action in accordance with the law and restrained the petitioners and the banks from making any debit transactions for 15 days, subject to any order passed by the authorized officer under Section 17. The Court clarified that the decision was based on non-compliance with Section 17(1-A) and did not address the merits of the allegations. Case-Laws Money Laundering Tue, 07 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=435203