Case Law Analysis
|Madras High Court
PMLA Section 8(8) | Property Restoration During Trial Impermissible Without Charge Framing & Exhausted Appeals: Madras HC
Madras High Court rules that property restoration under PMLA Section 8(8) is conditional on charge framing under Section 4 and exhaustion of appellate remedies. The court held that restoration during pending adjudication violates procedural fairness, impacting accused and financial institutions in money laundering cases.