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2019 (8) TMI 264 - AT - Money LaunderingMoney Laundering - bribing during the time of money demonetisation - retention of seized valuables - HELD THAT:- It has come to our notice that the prescribed period of 90 days was incorporated by amendment of the provision of Section 8(3)(a) only on 19.04.2018. The said amendment was prospective and no retrospective effect can be given. It may be another plea of the appellant that the prosecution complaint ought to have been filed within the period of 180 days as prescribed under the Act from the date of attachment - The said arguments were never addressed by any of the parties. The order was reserved with the understanding that after amendment carried out on 19.04.2018, no prosecution complaint has been filed within the period of 90 days. The same is not the position of the present case. It has only come to notice to this Tribunal once the written-submission is filed by the respondent. Both the parties are directed to argue the appeal on this aspect as to whether under the un-amended act, the prosecution complaint was to be filed within 180 days from the date of provisional attachment order or after passing the confirmation order within the meaning of amended Section 8(3)(a) of the Act. List this appeal for re-hearing/fresh argument on 22.10.2019.
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