https://www.taxtmi.com/caselaws?id=466332 Freezing of bank accounts and seizure of records was set aside because the Enforcement Directorate did not issue or communicate any order under the prerequisite provision before invoking Section 17(1-A) of the PMLA; absence of the statutory speaking order and failure to satisfy procedural preconditions rendered the impugned freezing unlawful. The court emphasised that money laundering is a specialised offence requiring special legislative measures and noted that the broader constitutional validity of the PMLA has been sustained by precedent, but procedural compliance is mandatory for asset restraint actions. en-us Thu, 17 Jul 2025 00:00:00 +0530 Mon, 02 Feb 2026 20:17:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=466332 Freezing of bank accounts and seizure of records was set aside because the Enforcement Directorate did not issue or communicate any order under the prerequisite provision before invoking Section 17(1-A) of the PMLA; absence of the statutory speaking order and failure to satisfy procedural preconditions rendered the impugned freezing unlawful. The court emphasised that money laundering is a specialised offence requiring special legislative measures and noted that the broader constitutional validity of the PMLA has been sustained by precedent, but procedural compliance is mandatory for asset restraint actions. Case-Laws Money Laundering Thu, 17 Jul 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=466332