https://www.taxtmi.com/caselaws?id=754894 The Appellate Tribunal under SAFEMA dismissed an appeal challenging an Adjudicating Authority order under PMLA, 2002. The appellant contested the order was passed beyond the 180-day period under Section 20(3) and challenged the single-member constitution of the Adjudicating Authority. The Tribunal held that the COVID-19 period exclusion (15.03.2020 to 28.02.2022) as per SC directions applied to court remedies, not termination proceedings, following Delhi HC precedent. Regarding constitution, the Tribunal relied on Calcutta HC and Telangana HC decisions confirming single-member Adjudicating Authority's competence under PMLA provisions. en-us Wed, 12 Jun 2024 00:00:00 +0530 Tue, 02 Jul 2024 10:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754894 The Appellate Tribunal under SAFEMA dismissed an appeal challenging an Adjudicating Authority order under PMLA, 2002. The appellant contested the order was passed beyond the 180-day period under Section 20(3) and challenged the single-member constitution of the Adjudicating Authority. The Tribunal held that the COVID-19 period exclusion (15.03.2020 to 28.02.2022) as per SC directions applied to court remedies, not termination proceedings, following Delhi HC precedent. Regarding constitution, the Tribunal relied on Calcutta HC and Telangana HC decisions confirming single-member Adjudicating Authority's competence under PMLA provisions. Case-Laws Money Laundering Wed, 12 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754894