Attachment of Bank accounts are not permitted after expiry of statutory time limit

Gobindo Das & Ors. Vs Union of India & Ors. (Calcutta High Court)

Conclusion: In present facts of the case, the Hon’ble Calcutta High Court allowed the Writ Petition filed by the Petitioner to operate his bank accounts and postal accounts in question, which were attached by the Respondent as time limit of 180 days under section 5 of the Prevention of Money Laundering Act, 2002 were expired.

Facts: Petitioner has filed Writ Petition

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