The Delhi High Court has issued notice to the Centre and ED on a plea challenging property attachment rules under PMLA. The case questions how “reason to believe” is used and seeks stricter safeguards against misuse.
The Supreme Court today (Jan7th) of India clarified the procedure for addressing property undervaluation under the Indian Stamp Act, 1899. It ruled that the Registering Authority must provide valid reasons before referring cases to the Special Deputy Collector (Stamps) and give parties the chance to present their case, emphasizing proper inquiry protocols.
