TaxTMI 
TaxTMI 
2021 (7) TMI 1273
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....ay ORDER The writ petitioner is aggrieved by continuation of an adjudication pursuant to a provisional attachment order No. 6 of 2020 under sub-section (1) of Section 5 of the Prevention of Money Laundering Act, 2020 dated 30.03.2020. It is submitted that within a period of 180 days the Adjudicating Authority under the PMLA Act was required not only to adjudicate but also in aid of such adjudic....
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....45 of 2021 wherein in similar circumstances, when the adjudicating authority continued to proceed notwithstanding expiry of 180 days, a stay was granted by a coordinate Bench. Learned counsel appearing for the respondent nos. 1 & 2 would submit by reference to a decision of the Hon'ble Supreme Court in Suo Motu Writ Petition No. 2 of 2020 and Miscellaneous Application No. 665 of 2021, (In Re Cogn....
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....pra) where the writ petition came up for hearing on the 180th day and subsequently withdrawn. A fresh writ petition was filed and taken up on 9th April, 2021 when order referred by counsel for the petitioner was made. This Court has considered the rival submissions of the parties. This Court is of the view that the order of the Hon'ble Supreme Court in the said suo motu writ petition (Supra) has....