https://www.taxtmi.com/caselaws?id=766304 A writ petition challenging provisional attachment under the Prevention of Money-laundering Act was rejected by the High Court as premature on the ground that the statutory 30-day period had not expired and no effective statutory remedy was then available. That refusal was based on an erroneous assumption that the petitioner could still pursue an adequate remedy before expiry of the statutory period. The Supreme Court held that the High Court's non-entertainment of the writ on that ground could not be sustained, set aside the order, and restored the petition to the High Court for consideration on merits. en-us Mon, 10 Feb 2025 00:00:00 +0530 Sat, 22 Feb 2025 08:30:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766304 A writ petition challenging provisional attachment under the Prevention of Money-laundering Act was rejected by the High Court as premature on the ground that the statutory 30-day period had not expired and no effective statutory remedy was then available. That refusal was based on an erroneous assumption that the petitioner could still pursue an adequate remedy before expiry of the statutory period. The Supreme Court held that the High Court's non-entertainment of the writ on that ground could not be sustained, set aside the order, and restored the petition to the High Court for consideration on merits. Case-Laws Money Laundering Mon, 10 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766304