Retention of seized property without adhering to section 20 of PMLA is unlawful

Anirudh Pratap Agarwal Vs Enforcement Directorate (Delhi High Court)

Delhi High Court held that retention of seized property without adhering to section 20 of Prevention of Money Laundering Act, 2002 [PMLA] is contrary to statutory framework and accordingly unsustainable in law. Hence, present appeal is allowed and order set aside.

Facts- The present Appeal, u/s. 42 of the Prevention of Money Laundering Act, 2002, impugns the Order dated 26.06.2024 passed by the Appellate Tribunal (PMLA), New Delhi. By the said order, the Appellate Tribunal dismissed

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