Ensure Tribunal For Money Laundering Cases Is Functional By September 14: High Court To Centre
NDTV
Appellate Tribunal of Prevention of Money Laundering: The tribunal is mandated to consist of a Chairman, who has to be a retired judge of this court or high court and four members, who can be from the fields of law, finance and management.
The Delhi High Court on Thursday said it expects the Centre to ensure that the Appellate Tribunal of Prevention of Money Laundering Act (ATPMLA) in the national capital is made functional by September 14. The court said numerous petitions are being filed before it every day assailing the judgements passed by the PMLA adjudicating authority as the appeals are not being taken up by the appellate tribunal due to want of quorum. Justice Rekha Palli was informed by the counsel for the Centre that the process of appointment was underway. "It is expected that before the next date of hearing on September 14, the respondent will ensure that the tribunal is made functional," the court said.More Related News