https://www.taxtmi.com/caselaws?id=445727 An order concerning custody or restoration of attached property under the PMLA is not automatically interlocutory; where it finally determines rights at that stage or is challenged for lack of jurisdiction, it is revisable, so the revision was maintainable. Restoration relief under Section 8(8) of the Prevention of Money Laundering Act, 2002, read with the Prevention of Money-Laundering (Restoration of Property) Rules, 2016, is available only to a qualifying claimant who satisfies the statutory eligibility conditions and prescribed notice and procedural safeguards. Because the Special Court did not apply those requirements before permitting release of the attached property in lieu of fixed deposit, the order was held illegal and unsustainable and was set aside. en-us Tue, 07 Nov 2023 00:00:00 +0530 Sat, 18 Nov 2023 08:38:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445727 An order concerning custody or restoration of attached property under the PMLA is not automatically interlocutory; where it finally determines rights at that stage or is challenged for lack of jurisdiction, it is revisable, so the revision was maintainable. Restoration relief under Section 8(8) of the Prevention of Money Laundering Act, 2002, read with the Prevention of Money-Laundering (Restoration of Property) Rules, 2016, is available only to a qualifying claimant who satisfies the statutory eligibility conditions and prescribed notice and procedural safeguards. Because the Special Court did not apply those requirements before permitting release of the attached property in lieu of fixed deposit, the order was held illegal and unsustainable and was set aside. Case-Laws Money Laundering Tue, 07 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445727