https://www.taxtmi.com/highlights?id=92893 HC held that the provisional attachment under the PMLA is a two-stage scheme: the ED may provisionally attach property upon recording cogent reasons to believe, but confirmation is subject to independent adjudication by the Adjudicating Authority under s.8. The Adjudicating Authority performs quasi-judicial functions and must afford notice, hearing, evidence and reasoned determination. Where notice/summons for adjudication under s.5(3) issued beyond the 180-day period and the summons/notice expired without adjudicatory action under s.8(3), the extension principles applicable to quasi-judicial limitation periods apply; accordingly the petition challenging the attachment was disposed of consistent with those legal tenets. en-us Sat, 27 Sep 2025 08:34:37 +0530 Sat, 27 Sep 2025 08:34:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=92893 HC held that the provisional attachment under the PMLA is a two-stage scheme: the ED may provisionally attach property upon recording cogent reasons to believe, but confirmation is subject to independent adjudication by the Adjudicating Authority under s.8. The Adjudicating Authority performs quasi-judicial functions and must afford notice, hearing, evidence and reasoned determination. Where notice/summons for adjudication under s.5(3) issued beyond the 180-day period and the summons/notice expired without adjudicatory action under s.8(3), the extension principles applicable to quasi-judicial limitation periods apply; accordingly the petition challenging the attachment was disposed of consistent with those legal tenets. Highlights Money Laundering Sat, 27 Sep 2025 08:34:37 +0530 https://www.taxtmi.com/highlights?id=92893