No Eviction of Co-Owner of Joint Property under Rule 5(5) of PMLA when Appeal is Pending: Delhi HC [Read Order]

Co-Owner - Joint Property - PMLA - Appeal - Delhi High Court - taxscan

The Delhi High Court has quashed the eviction order of the co-owner of the joint property as the appeal was pending and the order was contrary to  the rule 5(5) of the Prevention of Money Laundering rules 2013 (PMLA rules). The Petitioner- Sanjay Jain  filed a petition challenging the notice by the Deputy Director, Enforcement…

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