Allowed
FPA-PMLA-2384/DLI/2018 of Shri Sanjiv Mahajan v/s The Joint Director, Directorate of Enforcement, Delhi
ATFPFPA-PMLA-2384/DLI/2018
Case brief
AI extract
What is this about?
, The Appellate Tribunal decided an appeal filed under Section 26 of the Prevention of Money Laundering Act, 2002 against an order dated 04.05.2018. The Tribunal set aside the order because no prosecution complaint was filed within 90 days under Section 8(3)(a), causing the retention order to lapse. It directed the return of retained material within four weeks while reserving the merit of the case
What did the court decide?
Set aside the impugned order dated 04.05.2018 and direct the return of retained material within four weeks.