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Case Law Details

Case Name : Musaddilal Gems and Jewels (India) Private Limited Vs Union of India (Telangana High Court)
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Musaddilal Gems and Jewels (India) Private Limited Vs Union of India (Telangana High Court)

Telangana High Court held that issuance of search warrant without recording the ‘reasons to believe’ is against the provisions of section 17 of the Prevention of Money Laundering Act (PMLA), 2002 and accordingly the same is liable to be set aside.

Facts- Here, the petitioners are challenging the search and seizure conducted on 17.10.2022 and consequential panchanamas contrary to

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