https://www.taxtmi.com/caselaws?id=760472 The Telangana HC disposed of a writ petition challenging a money laundering order confirming provisional attachment of immovable property. The court held that since an effective alternative remedy of statutory appeal under Section 26 of the Prevention of Money Laundering Act was available before the Appellate Tribunal, the writ petition was not maintainable. Following Supreme Court precedents in United Bank of India v. Satyawati Tondon and PHR Invent Educational Society vs. UCO Bank, the HC relegated the petitioner to pursue the statutory appeal mechanism, noting the complex evidentiary issues involved required determination by the appropriate appellate forum. en-us Tue, 09 Jul 2024 00:00:00 +0530 Mon, 21 Oct 2024 13:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=760472 The Telangana HC disposed of a writ petition challenging a money laundering order confirming provisional attachment of immovable property. The court held that since an effective alternative remedy of statutory appeal under Section 26 of the Prevention of Money Laundering Act was available before the Appellate Tribunal, the writ petition was not maintainable. Following Supreme Court precedents in United Bank of India v. Satyawati Tondon and PHR Invent Educational Society vs. UCO Bank, the HC relegated the petitioner to pursue the statutory appeal mechanism, noting the complex evidentiary issues involved required determination by the appropriate appellate forum. Case-Laws Money Laundering Tue, 09 Jul 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=760472