National Herald case: Court declines to block AJL's bid to reclaim attached assets
What Happened
The Delhi High Court refused to restrain Associated Journals Limited (AJL) from approaching the PMLA Appellate Tribunal to seek release of properties attached by the Enforcement Directorate (ED) in the National Herald case. Justice Sachin Datta declined to pass any interim order while hearing the ED's challenge to a trial court ruling that had refused to take cognisance of its money laundering complaint.
Key Takeaways
The court's refusal to grant interim relief means AJL can continue its efforts to seek release of the attached properties before the appellate tribunal, even as the ED's challenge to the trial court order remains pending before the High Court.