The High Court considered a case involving money laundering and ...

Money laundering case - petitioner not given hearing, violating natural justice. Director authorized to attach property. Petition dismissed.

Case Laws     Money Laundering

June 19, 2024

The High Court considered a case involving money laundering and a provisional attachment order issued without providing the petitioner an opportunity of hearing, alleging a violation of natural justice. The court noted that the law allows provisional attachment by authorized officers for up to 180 days. The petitioners, considered claimants under the law, were directed to seek remedy before the Special Court u/s Prevention of Money-Laundering Act in Jaipur. The court found the statutory remedy available to the petitioners more appropriate than the extraordinary jurisdiction of the High Court. As the petitioners did not challenge the attachment on merits and lacked standing to contest it as proceeds of crime, their plea to restrict the attachment was dismissed, leading to the dismissal of the petition.

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