Gauhati High Court refers issue on ED’s provisional attachment powers under PMLA to larger Bench
The Gauhati High Court has referred to a larger Bench the question of law concerning whether the “reason to believe” recorded by the Directorate of Enforcement (ED) for initiating provisional attachment of property under Section 5(1) of the Prevention of Money Laundering Act (PMLA), 2002, is required to be disclosed to the affected person, either…
