Issuance of search warrant without recording ‘reasons to believe’ is bad in law

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 the Section 17 of the Prevention of Money Laundering Act The petitioners submitted that the search warrant dated 17.10.202...