Appellate Tribunal’s Power to Remand PMLA Cases Clarified; Three Connected Appeals Dismissed After Detailed Hearing: Jammu & Kashmir High Court
The Jammu & Kashmir and Ladakh High Court has delivered a detailed ruling settling a long-disputed issue under the Prevention of Money Laundering Act (PMLA)—whether the PMLA Appellate Tribunal has the authority to remand matters back to the Adjudicating Authority. The litigation stemmed from allegations that appellant Zahoor Ahmad Shah acted as a conduit for funds allegedly routed from Pakistan and the Pakistan High Commission. As per the NIA’s findings,…
