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Delhi HC Stays Order Which Held That Property Seized By ED Must Be Returned If Probe Continues Beyond 365 Days & Doesn't Result In Any Proceedings
Nupur Thapliyal
22 Feb 2024 12:11 PM IST
The Delhi High Court on Thursday stayed last month's judgment of a single judge which held that in cases where the investigation under the Prevention of Money-Laundering Act, 2002, (PMLA) extends beyond 365 days and does not result in proceedings relating to any offence, the seizure of a property will lapse and it must be returned to the person from whom it was seized.A division bench...
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Nupur Thapliyal
Nupur Thapliyal is a Principal Correspondent with LiveLaw, based in New Delhi. She reports from the Delhi High Court and trial courts in the national capital
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