Home Case Index All Cases Money Laundering Money Laundering + HC Money Laundering - 2020 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2020 (8) TMI 837 - HC - Money LaunderingRelease of freezed bank accounts of petitioner - Money Laundering - proceeds of crime - ‘reason to believe’ that the money lying in the credit of the said bank accounts are, in any manner, involved in ‘money laundering’ or are ‘proceeds of crime, or not - HELD THAT:- As an interim measure, on the petitioner(s) securing the amount as mentioned in paragraph 2.8 of the said application, copy whereof shall be supplied by the learned counsel for the respondent to the counsels appearing in the other petitions as well, by way of a Bank Guarantee/Fixed Deposit or by maintaining a deposit of an equivalent amount in their bank accounts in question, the operation of the Impugned action of the respondent of freezing their bank accounts shall remain stayed, till the next date of hearing. List on 12th October, 2020.
|