Prestige Buildcon Pvt Ltd v. Union Of India And ORS

$~63 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 1241/2025 PRESTIGE BUILDCON PVT LTD .....Petitioner Through:

Mr. Dayan Krishnan, Sr. Adv., Mr.

Anirudh Bakhru, Mr. Shambhu K., Mr. Ayush Puri, Mr. Sumer Singh, Mr. Shikhar Garg, Mr. Rishabh Basra, Mr. Sirhan Seth, Mr. Kanav Madnani, Mr. Shreedhar Kali, Mr. Sultan Jafri and Mohd. Umar, Advs.

versus UNION OF INDIA AND ORS .....Respondents Through:

Mr. Vedansh Anand, GP, UOI.

Mr. Zoheb Hossain, Spl. Counsel, Mr.

Manish Jain, Spl Counsel, Mr. Vivek Gurnani, SC, Mr. Kartik Sabharwal, Mr. Pranjal Tripathi and Mr. Kanishk Maurya, Advs. for ED.

CORAM:

HON'BLE MR. JUSTICE SACHIN DATTA

O R D E R

% 19.02.2025 CM APPL.9410/2025 (for placing on record subsequent facts and for directions) 1.

The present application seeks a direction that the learned Adjudicating Authority be permitted to pass an appropriate order in accordance with the timelines stipulated under Section 5(1) Prevention of Money Laundering Act, 2002.

2.

It is clarified that the concerned Adjudicating Authority is not precluded from passing any order within the timeline stipulated under The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 21/02/2025 at 12:22:03

Section 5(1) PMLA.

3.

Learned counsel for the petitioner / non-applicant submits that in terms of the liberty granted vide order dated 31.1.2025, reply shall be filed by the petitioner within a period of three days from today. He further submits that if a date of hearing is intimated by the Adjudicating Authority, no adjournment shall be sought by the petitioner. The said statement is taken on record.

4.

Let the Adjudicating Authority grant a hearing to the petitioner before passing a final order in the matter. However, given the statutory timeline for completion of the adjudication, it is clarified that the Adjudicating Authority shall be entitled to suitably limit/ confine the hearing.

5.

The application stands disposed of in the above terms. SACHIN DATTA, J FEBRUARY 19, 2025/cl The authenticity of the order can be re-verified from Delhi High Court Order Portal by scanning the QR code shown above. The Order is downloaded from the DHC Server on 21/02/2025 at 12:22:03