Can High Court Entertain Writ Against ED's Provisional Attachment When Alternate Remedy Exists Under PMLA? , Court Clarifies : Punjab & Haryana High Court
In a recent judgment by the High Court of Punjab and Haryana, the court addressed the validity of a Provisional Attachment Order (PAO) issued by the Directorate of Enforcement against MGF Developments Limited. The case, registered as Civil Writ Petition No. 24420 of 2024, focused on whether the petition could be entertained prior to the expiration of the statutory 30-day period mandated under Section 5(5) of the Prevention of Money…