https://www.taxtmi.com/caselaws?id=756506 Delhi HC dismissed the writ petition filed by a Mumbai-based petitioner challenging an Appellate Tribunal order under PMLA. The court held that Section 42 of PMLA provides adequate alternative remedy through statutory appeal to Bombay HC, which has territorial jurisdiction over the petitioner's place of business. The court refused to exercise discretionary powers under Article 226, ruling that mere location of the Appellate Authority within Delhi HC's jurisdiction cannot override the prescribed statutory appellate mechanism. The petitioner was directed to pursue the hierarchical judicial process as intended by law. en-us Tue, 30 Jul 2024 00:00:00 +0530 Sat, 03 Aug 2024 13:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=756506 Delhi HC dismissed the writ petition filed by a Mumbai-based petitioner challenging an Appellate Tribunal order under PMLA. The court held that Section 42 of PMLA provides adequate alternative remedy through statutory appeal to Bombay HC, which has territorial jurisdiction over the petitioner's place of business. The court refused to exercise discretionary powers under Article 226, ruling that mere location of the Appellate Authority within Delhi HC's jurisdiction cannot override the prescribed statutory appellate mechanism. The petitioner was directed to pursue the hierarchical judicial process as intended by law. Case-Laws Money Laundering Tue, 30 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=756506