SC questions pendency before PMLA adjudicating authority
India, Sept. 16 -- The Supreme Court on Tuesday sought the details from the Enforcement Directorate on several cases pending before its adjudicating authority with regard to confiscation of assets under the Prevention of Money Laundering Act.
Observing that there has to be application of mind in the adjudication process, a bench of Chief Justice Surya Kant and Justices Joymalya Bagchi and V Mohana questioned the pendency of a large number of cases before the adjudicating authority.
The bench reserved its decision on a batch of petitions which raised the question whether provisional property attachments carried out by the ED under the PMLA can be confirmed by a single member of the adjudicating authority, without the presence of a judici...
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