Attachment of properties under PMLA without summoning real owners violated principles of natural justice: PMLA-AT

FEMA, BANKING amp; INSURANCE : Where appellants were real owners of property attached under section 5 of PMLA but they were neither summoned nor notice was sent by Enforcement Directorate (ED), there was a clear violation of principle of natural justice and appellants ought to have been noticed by respondent (ED) and Adjudicating Authority before deciding on attachment of properties and, therefore, order of attachment was to be set aside

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