https://www.taxtmi.com/caselaws?id=308178 The Court held that a single-member Adjudicating Authority under PMLA must have legal experience to perform quasi-judicial functions. The Court also ruled that the Supreme Court's extension of the limitation period due to COVID-19 applies to PMLA proceedings. If provisional attachment is not confirmed within 180 days, the Adjudicating Authority becomes functus officio. As a result, orders issued without legal expertise are void, and ED can re-initiate the process. In specific cases, orders confirming provisional attachment were set aside or stayed pending the reconstitution of the Adjudicating Authority. en-us Mon, 13 Mar 2023 00:00:00 +0530 Mon, 05 Jun 2023 21:38:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308178 The Court held that a single-member Adjudicating Authority under PMLA must have legal experience to perform quasi-judicial functions. The Court also ruled that the Supreme Court's extension of the limitation period due to COVID-19 applies to PMLA proceedings. If provisional attachment is not confirmed within 180 days, the Adjudicating Authority becomes functus officio. As a result, orders issued without legal expertise are void, and ED can re-initiate the process. In specific cases, orders confirming provisional attachment were set aside or stayed pending the reconstitution of the Adjudicating Authority. Case-Laws Money Laundering Mon, 13 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308178