https://www.taxtmi.com/caselaws?id=781563 The HC held that the ED's freezing orders under Section 17(1A) of the PMLA were cryptic and founded on mere suspicion, failing to record the statutorily required "reasons to believe" or to show compliance with Section 17(1)/(1A) and Rules 3-4, 2005. The orders did not disclose material basis for freezing and impermissibly relied on investigation/FIR material, contrary to statutory safeguards and Supreme Court precedent. Consequently the freezing orders of 05.09.2018 were unsustainable and the appeal against the Appellate Tribunal's judgment was dismissed. en-us Fri, 14 Nov 2025 00:00:00 +0530 Tue, 18 Nov 2025 08:42:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781563 The HC held that the ED's freezing orders under Section 17(1A) of the PMLA were cryptic and founded on mere suspicion, failing to record the statutorily required "reasons to believe" or to show compliance with Section 17(1)/(1A) and Rules 3-4, 2005. The orders did not disclose material basis for freezing and impermissibly relied on investigation/FIR material, contrary to statutory safeguards and Supreme Court precedent. Consequently the freezing orders of 05.09.2018 were unsustainable and the appeal against the Appellate Tribunal's judgment was dismissed. Case-Laws Money Laundering Fri, 14 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781563