Just a moment...

Top
Help
×

By creating an account you can:

Logo TaxTMI
>
Call Us / Help / Feedback

Contact Us At :

E-mail: [email protected]

Call / WhatsApp at: +91 99117 96707

For more information, Check Contact Us

FAQs :

To know Frequently Asked Questions, Check FAQs

Most Asked Video Tutorials :

For more tutorials, Check Video Tutorials

Submit Feedback/Suggestion :

Email :
Please provide your email address so we can follow up on your feedback.
Category :
Description :
Min 15 characters0/2000
TMI Blog
Home / RSS

Attachment Order's Legality in Slum Rehab Scheme Under Scrutiny; Covid-19 Extends Tribunal Timeline.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....The appellant sought lapse of the attachment order u/s 5(1) and (3) of the Prevention of Money Laundering Act, 2002, questioning the legality of the order issued in relation to alleged criminal conspiracy, cheating, and forgery in the Slum Rehabilitation Scheme. The Adjudicating Authority issued a Provisional Attachment Order on 18.06.2021, followed by a Show Cause Notice on 04.08.2021, with the appellant filing a reply on 16.09.2021. Pleadings were completed on 23.09.2021, and the matter was listed for final hearing. While the Adjudicating Authority is required to pass an order within 180 days to prevent the attachment from lapsing u/s 26, the Appellate Tribunal considered the extraordinary situation during the Covid-19 pandemic. Referring.........