ED’s Copy-Paste Reasons Insufficient for Provisional Attachment Under PMLA: Karnataka HC

Smt. Jayamma W/O. Late Sri. Kalegowda Vs Directorate of Enforcement (Karnataka High Court) The Karnataka High Court considered a challenge to a provisional attachment order issued by the Directorate of Enforcement (ED) under Section 5 of the Prevention of Money Laundering Act, 2002 (PMLA). The petitioner contended that the ED had failed to comply with the requirements of the second proviso to Section 5(1) before attaching certain sites allotted by MUDA. The Court first examined the objection regarding maintainability of the writ petition. Although the PMLA provides a statutory mechanism of adj...