Naresh Bansal And Ors vs Adjudicating Authority And Anr

ik-43042634 Delhi High Court 24 November 2025 • 39 min read

Judges (2)

Anil Kshetarpal Delivered Harish Vaidyanathan Shankar Coram

Counsel (16)

Amit Kumar Rana Counsel Respondent Anant Mishra Counsel Respondent Anupam S Sharrma Counsel Respondent Bakul Jain Counsel Petitioner Harpreet Kalsi Counsel Respondent Madhur Jain Counsel Petitioner Mayank Jain Counsel Petitioner Paramatma Singh Counsel Petitioner Ripudaman Bhardwaj Counsel Respondent Ripudaman Sharma Counsel Respondent Riya Sachdeva Counsel Respondent Sahil Yadav Counsel Petitioner Sunita Gupta Counsel Petitioner Sushil Gupta Counsel Petitioner Vashisht Rao Counsel Respondent Vishal Jain Counsel Respondent

Parties (5)

Adjudicating Authority Respondent Union of India Respondent Mukesh Kumar Petitioner Naresh Bansal Petitioner Umesh Bhai Chautaliya Petitioner

Case Significance

Naresh Bansal And Ors vs Adjudicating Authority And Anr is a Delhi High Court decision dated November 24, 2025 (citation: ik-43042634). Multiple petitioners challenged show cause notices and provisional attachment orders issued by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA), arguing that the absence of prior attachment under Section 5 should invalidate the proceedings. The Court held that attachment under Section 5 is not a jurisdictional pre-requisite for the Adjudicating Authority to issue a show cause notice under the PMLA, and the legislative scheme deliberately distinguishes between pr The bench comprised Justices Anil Kshetarpal and Harish Vaidyanathan Shankar. The judgment was delivered by Justice Anil Kshetarpal.

Summary

Multiple petitioners challenged show cause notices and provisional attachment orders issued by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA), arguing that the absence of prior attachment under Section 5 should invalidate the proceedings. The Court held that attachment under Section 5 is not a jurisdictional pre-requisite for the Adjudicating Authority to issue a show cause notice under the PMLA, and the legislative scheme deliberately distinguishes between protective measures and adjudication. All petitions were dismissed.

What was the outcome of Naresh Bansal And Ors vs Adjudicating Authority And Anr?

Multiple petitioners challenged show cause notices and provisional attachment orders issued by the Enforcement Directorate under the Prevention of Money Laundering Act (PMLA), arguing that the absence...

Judgment

Read the full judgment on the official India Courts portal.

Read on Indian Kanoon

Source: Indian Kanoon (ik-43042634)