Allowing Retention Of Seized Property Without Strictly Following PMLA Undermines Purpose Of Procedural Safeguards: Delhi High Court
The Delhi High Court has ruled that any seizure or retention of property under the Prevention of Money Laundering Act, 2002 (PMLA) must strictly adhere to the procedural safeguards laid out under Section 20. Failing to do so would not only undermine the legislative purpose but also violate individual rights and judicial accountability. Mandatory nature of procedural compliance under PMLA A Division Bench of Justice Subramonium Prasad and Justice Harish…
