Attachment Under PMLA Cannot Be Quashed in Writ When Statutory Process Is Underway

Enforcement Directorate & Anr. Vs Suman Chattopadhyay & Ors. (Calcutta High Court) The appeal challenged the judgment of the learned Single Judge dated June 28, 2022, which had quashed a Provisional Attachment Order (PAO) dated March 29, 2022 issued under Section 5(1) of the Prevention of Money Laundering Act, 2002 (PMLA). The PAO provisionally attached five movable properties valued at approximately Rs. 63.5 lakhs and four immovable properties valued at about Rs. 2.23 crores belonging to the writ petitioners. The attachment arose from an investigation under ECIR dated March 15, 2021 r...