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2019 (2) TMI 213 - AT - Money LaunderingContinuation of freezing of the accounts to locate the proceed of crime - section 17 (4) of PMLA - Held that:- The Hon'ble High Court of Delhi in the case of ABDULLAH ALI BALSHARAF & ANR. VERSUS DIRECTORATE OF ENFORCEMENT & ORS. [2019 (1) TMI 515 - DELHI HIGH COURT] has dealt with the issue of Section 102 of Cr.P.C. as to whether such directions could be issued by the Adjudicating Authority under the PMLA and it was held that the contention that officers of the Enforcement Directorate could issue orders of freezing under Section 102 of Cr.P.C. is rejected and the communications issued by the Enforcement Directorate to BSE are, plainly, without authority of law - appeal allowed - decided in favor of appellant.
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