Writ against provisional attachment order u/s. 5(1) of PMLA not entertained due to availability of statutory remedy

Vipul Shipping Engineering Works Vs Directorate of Enforcement (Kerala High Court) Kerala High Court held that writ against provisional attachment order passed u/s. 5(1) of the Prevention of Money Laundering Act [PMLA] is not maintainable since efficacious alternative statutory remedy available. Accordingly, writ dismissed. Facts- These appeals have been preferred challenging the common judgment rendered by the learned Single Judge, whereby the said Writ Petitions were dismissed as non-maintainable on the ground that the petitioners had failed to exhaust the statutory remedies available under ...