Should ED's 'Reason to Believe' for Property Attachment Be Kept Confidential? Gauhati High Court
The Gauhati High Court has referred an important legal issue to the Chief Justice for constitution of a larger Bench regarding the interpretation of Section 5(1) of the Prevention of Money Laundering Act, 2002. The Court has sought an authoritative decision on whether the Enforcement Directorate (ED) is required to disclose the "reason to believe" while issuing a Provisional Attachment Order (PAO) or whether such reasons are confidential in nature.…
