https://www.taxtmi.com/caselaws?id=767968 Delhi HC condoned 708-day delay in filing appeal against provisional attachment order under PMLA. Bank argued merger of ING Vysya Bank with Kotak Mahindra Bank in April 2015 caused delay. Court held merger involved complex processes including technological integration, customer integration, and compliance issues, providing sufficient cause for delay. Section 26 PMLA prescribes no outer limit for condonation. Court relied on precedent where 204-day delay was condoned. Appeal restored for adjudication on merits before Appellate Tribunal. en-us Fri, 21 Mar 2025 00:00:00 +0530 Fri, 28 Mar 2025 08:31:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767968 Delhi HC condoned 708-day delay in filing appeal against provisional attachment order under PMLA. Bank argued merger of ING Vysya Bank with Kotak Mahindra Bank in April 2015 caused delay. Court held merger involved complex processes including technological integration, customer integration, and compliance issues, providing sufficient cause for delay. Section 26 PMLA prescribes no outer limit for condonation. Court relied on precedent where 204-day delay was condoned. Appeal restored for adjudication on merits before Appellate Tribunal. Case-Laws Money Laundering Fri, 21 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767968