https://www.taxtmi.com/caselaws?id=792680 A reservation of liberty to seek relief before another forum did not amount to an unconditional concession abandoning the challenge to retention of the cash amount. The Delhi HC noted that the statement before the Tribunal preserved the appellants' challenge and did not dispense with merits adjudication. Under Section 26 of the Prevention of Money Laundering Act, 2002, the appellate authority was required to pass a reasoned, speaking order, consistent with natural justice. As the appeals had not been validly abandoned, the Tribunal could not dispose of them without such an order. The impugned order was set aside and the appeals were restored for fresh adjudication. en-us Fri, 22 May 2026 00:00:00 +0530 Tue, 02 Jun 2026 08:47:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=792680 A reservation of liberty to seek relief before another forum did not amount to an unconditional concession abandoning the challenge to retention of the cash amount. The Delhi HC noted that the statement before the Tribunal preserved the appellants' challenge and did not dispense with merits adjudication. Under Section 26 of the Prevention of Money Laundering Act, 2002, the appellate authority was required to pass a reasoned, speaking order, consistent with natural justice. As the appeals had not been validly abandoned, the Tribunal could not dispose of them without such an order. The impugned order was set aside and the appeals were restored for fresh adjudication. Case-Laws Money Laundering Fri, 22 May 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=792680