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2019 (11) TMI 1423 - HC - Money LaunderingMoney Laundering - Continuation of freezing of Bank Accounts - Section 102 of the Code of Criminal Procedure, 1973 (CrPC) - HELD THAT:- As noted by the Adjudicating Authority in the Impugned Order dated 04.10.2018, the letters dated 19.04.2018 freezing the bank accounts were issued under Section 102 of the CrPC and were not passed in exercise of power under Section 17(1A) of the PMLA Act. The Impugned Order dated 04.10.2018 and the letters dated 19.04.2018, insofar as it continues to freeze the bank accounts in exercise of power under Section 102, cannot be sustained and are accordingly quashed - petition allowed.
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