https://www.taxtmi.com/caselaws?id=468352 Retention of cash, documents and digital devices under the Prevention of Money Laundering Act could continue only while investigation remained pending and within the 365-day limit under Section 8(3), or during pending proceedings relating to the offence. Because the investigation arising from the FIR and ECIR was not completed and no prosecution complaint was filed within the statutory period, the continued seizure and retention order was held unsustainable. The seizure and retention order was accordingly set aside. en-us Wed, 24 Apr 2024 00:00:00 +0530 Thu, 30 Apr 2026 11:23:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468352 Retention of cash, documents and digital devices under the Prevention of Money Laundering Act could continue only while investigation remained pending and within the 365-day limit under Section 8(3), or during pending proceedings relating to the offence. Because the investigation arising from the FIR and ECIR was not completed and no prosecution complaint was filed within the statutory period, the continued seizure and retention order was held unsustainable. The seizure and retention order was accordingly set aside. Case-Laws Money Laundering Wed, 24 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468352