https://www.taxtmi.com/caselaws?id=801705 Freezing of a bank account under the Prevention of Money Laundering Act requires recorded written reasons to believe under the foundational search-and-seizure requirement, followed by the prescribed statutory steps. Failure to disclose those recorded reasons constitutes a foundational procedural defect. Subsequent forwarding of materials or an application to continue the freezing before the Adjudicating Authority cannot cure that defect. Writ jurisdiction remains available despite an alternative statutory remedy where the challenge concerns statutory compliance and enforcement of fundamental rights; the writ petition is therefore maintainable. en-us Wed, 05 Aug 2026 00:00:00 +0530 Mon, 26 Oct 2026 08:05:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=801705 Freezing of a bank account under the Prevention of Money Laundering Act requires recorded written reasons to believe under the foundational search-and-seizure requirement, followed by the prescribed statutory steps. Failure to disclose those recorded reasons constitutes a foundational procedural defect. Subsequent forwarding of materials or an application to continue the freezing before the Adjudicating Authority cannot cure that defect. Writ jurisdiction remains available despite an alternative statutory remedy where the challenge concerns statutory compliance and enforcement of fundamental rights; the writ petition is therefore maintainable. Case-Laws Money Laundering Wed, 05 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=801705