News & Articles

Apr 01 2021
Powers of Attachment of the Directorate of Enforcement Under the Prevention of Money Laundering Act, 2002
By Live Law - dated 01st April 2021

Read the article "Powers of Attachment of the Directorate of Enforcement Under the Prevention of Money Laundering Act, 2002" authored by Abhinav Agnihotri, Associate Partner and Dipan Sethi, Associate published on LiveLaw.

"Since, there is no judicial pronouncement by the Hon’ble Supreme Court of India till now and there are divergent views of two different High Courts, it would be interesting to see, going forward, as to how the Courts adjudicate on the powers of the ED to attach “untainted” or “clean” properties while scrutinizing and interpreting the definition of “proceeds of crime”."

Read the full article here.

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