[2/18, 12:04] N. Ramesh Ed Advt: The first bench of High Court of Madras has upheld the constitutional validity of section 8(4) of PMLA and rules by observing the Enforcement Directorate can take possession of attached property. Taking possession of attached property is not violative of Art.14 of Constitution. The Hon’ble Court accepts the argument of N Ramesh, Spl.PP, ED that intention of legislature is to deprive enjoyment of property which is outcome of proceeds of crime. [2/18, 12:17] Sekarreporter: 👍

[2/18, 12:04] N. Ramesh Ed Advt: The first bench of High Court of Madras has upheld the constitutional validity of section 8(4) of PMLA and rules by observing the Enforcement Directorate can take possession of attached property. Taking possession of attached property is not violative of Art.14 of Constitution. The Hon’ble Court accepts the argument of N Ramesh, Spl.PP, ED that intention of legislature is to deprive enjoyment of property which is outcome of proceeds of crime.
[2/18, 12:17] Sekarreporter: 👍

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