Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 4, Cited by 0]

Delhi High Court - Orders

Razorpay Software Private Limited vs Deputy Director, Directorate Of ... on 19 April, 2023

Author: Prathiba M. Singh

Bench: Prathiba M. Singh

                          $~23
                          *    IN THE HIGH COURT OF DELHI AT NEW DELHI
                          +        W.P.(C) 13615/2021 and CM APPL. 43018/2021
                               RAZORPAY SOFTWARE PRIVATE LIMITED ..... Petitioner
                                              Through: Mr. Anant Garg & Ms. Sharmistha
                                                         Dube, Advocates (M- 9983960691)
                                              versus
                               DEPUTY DIRECTOR, DIRECTORATE OF ENFORCEMENT AND
                               ANR                                  ..... Respondents
                                              Through: Mr. P. C. V. Yogeswaran, Advocate.
                               CORAM:
                               JUSTICE PRATHIBA M. SINGH
                                        ORDER

% 19.04.2023

1. This hearing has been done through hybrid mode.

2. This writ petition has been filed by the Petitioner seeking quashing of the provisional attachment order bearing ref. no. 05/2021 dated 11th May, 2021 and the consequential investigation and proceedings initiated by the Respondents under the Prevention of Money Laundering Act, 2002 ('PMLA'). The issue raised in these petitions is qua the validity of such proceedings, on the ground that the mandatory period of attachment amounting to 180 days, as prescribed under section 5(1)(b) read with Section 5(3) of the PMLA has already expired.

3. Since, similar issues are already being considered by the ld. Division Bench of this Court in LPA No.362/2020, titled 'Directorate of Enforcement v. M/S Vikas WSP Ltd. and Ors.

4. List on 24th April, 2023.

PRATHIBA M. SINGH, J.

APRIL 19, 2023/Rahul/dn Signature Not Verified Digitally Signed By:DHIRENDER KUMAR Signing Date:21.04.2023 15:28:19