Writ petition filed to quash freezing orders under Section 17(1A) PMLA and direct defreezing of deposits. Court held petition infructuous as adjudicating authority initiated proceedings under Section 8(1), closing the matter without adjudicating merits.
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IN THE HIGH COURT OF JUDICATURE AT MADRAS
DATED: 26.11.2021
CORAM
THE HONOURABLE MR. JUSTICE P.N.PRAKASH AND THE HONOURABLE MRS. JUSTICE R.HEMALATHA
WRIT PETITION NO.25266 OF 2021
AND
W.M.P.NOS.26641, 26642 AND 26644 OF 2021
.Vs.
Prayer:
Writ Petition filed under Article 226 of the Constitution of India praying to issue a Writ of Certiorarified Mandamus calling for the records of the second respondent made in freezing orders under sec.17(1A) dated 11.10.2021, quash the same and direct the office of the 1st and 2nd respondents to defreeze the fixed/term deposits maintained by the petitioners with the respective banks/financial institutions being respondents 4 to 7.
[Order of the Court was made by P.N.PRAKASH, J]
This petition has been filed seeking quash of the order of the second respondent passed under sec.17(1A) of the PMLA dated 11.10.2021 and to direct the respondents 1 and 2 to defreeze the fixed/term deposits maintained by the petitioners with the respective banks/financial institutions being respondents 4 to 7.
days time to the petitioner to submit his explanation.
Recording the same, this Writ Petition is closed. It is always open to the petitioner to raise all the points before the adjudicating authority. No costs. Consequently, connected miscellaneous petitions are closed.
Sd/-
Assistant Registrar(CS VII)
//True Copy//
Sub Assistant Registrar
Writ Petition No.25266 of 2021 PMK(CO) PM/07/12/2021
2 provisions across 1 enactments
Shri.Suresh Kumar Kochar and Smt.Anitha
The Joint Director, Directorate of Enforcement, Chennai
The Assistant Director, Directorate of Enforcement, Chennai
The Registrar, Adjudicating Authority (PMLA), New Delhi
Lakshmi Vilas Bank
RBL Bank
P.N.PRAKASH
R.HEMALATHA
As recorded by the court registry
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