Delhi High Court Stays Order Directing ED to Return Seized Property if PMLA Probe Exceeds 365 Days Without Prosecution Complaint

The Delhi High Court issued a stay against a ruling that required the Enforcement Directorate (ED) to return seized property if an investigation under the Prevention of Money Laundering Act exceeds 365 days without resulting in a prosecution complaint. The Division Bench granted the stay while the appeal is pending until the next hearing on March 11.