https://www.taxtmi.com/caselaws?id=779050 HC held that the PMLA contemplates a two-stage scheme: ED may provisionally attach property on cogent "reasons to believe," but such attachment requires independent, quasi-judicial confirmation by the Adjudicating Authority under Section 8. The Adjudicating Authority must provide notice, hearing, evaluate evidence and give reasoned orders; it is not an executive function. Limitation extensions pronounced by the SC apply to quasi-judicial proceedings under the PMLA unless expressly excluded. Given these principles and the lapse of statutory timelines for issuance of notice/summons, the petition was disposed of accordingly. en-us Wed, 24 Sep 2025 00:00:00 +0530 Sat, 27 Sep 2025 08:34:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=779050 HC held that the PMLA contemplates a two-stage scheme: ED may provisionally attach property on cogent "reasons to believe," but such attachment requires independent, quasi-judicial confirmation by the Adjudicating Authority under Section 8. The Adjudicating Authority must provide notice, hearing, evaluate evidence and give reasoned orders; it is not an executive function. Limitation extensions pronounced by the SC apply to quasi-judicial proceedings under the PMLA unless expressly excluded. Given these principles and the lapse of statutory timelines for issuance of notice/summons, the petition was disposed of accordingly. Case-Laws Money Laundering Wed, 24 Sep 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=779050