https://www.taxtmi.com/caselaws?id=448990 The Delhi HC ruled that seized documents and property must be returned to the petitioner after the statutory 365-day period under Section 8(3)(a) of PMLA expired without proceedings being filed before a Special Court. The court held that allowing indefinite retention without formal proceedings would violate Article 14 of the Constitution. Since no complaint was filed within 365 days from the Adjudicating Authority's order dated 10.02.2021 regarding the search and seizure conducted on 19th-20th August 2020, the seizure lapsed and respondents were directed to return all seized materials forthwith. en-us Wed, 31 Jan 2024 00:00:00 +0530 Sat, 03 Feb 2024 08:24:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448990 The Delhi HC ruled that seized documents and property must be returned to the petitioner after the statutory 365-day period under Section 8(3)(a) of PMLA expired without proceedings being filed before a Special Court. The court held that allowing indefinite retention without formal proceedings would violate Article 14 of the Constitution. Since no complaint was filed within 365 days from the Adjudicating Authority's order dated 10.02.2021 regarding the search and seizure conducted on 19th-20th August 2020, the seizure lapsed and respondents were directed to return all seized materials forthwith. Case-Laws Money Laundering Wed, 31 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448990