2019 (7) TMI 2005

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....pondents: N. Ramesh, Spl. PP ORDER M.M. Sundresh, J. 1. What has been challenged in this writ petition is an order of provisional attachment passed by the 1st respondent. 2. We find that much water has flown under the bridge after the passing of the above said order. 3. A complaint was sent in accordance with Section 5(5) of The Prevention of Money-Laundering Act, 2002 followed by an applicat....

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....emedy under the provisions of the Act. Therefore, the relief sought for by the petitioner/Bank is misconceived, as they were required to agitate the matter under the provisions of the Act and by following the procedure contemplated therein. However, since the petitioner/Bank has already preferred the Appeal before the Appellate Tribunal, it is open to them to pursue their remedy before the Appella....