ED tells HC it has no power to seal premises
Chennai: The
Enforcement Directorate
has submitted before the
Madras High Court
that it has no power to seal the premises, if the same was locked at the time of making search under the provisions of PMLA.
Additional Solicitor General
S V Raju made the submission when the petitions filed by film producer
Akash Bhaskaran
and businessman
Vikram Ravindran
came up for hearing before a division bench comprising Justices M S Ramesh and V Lakshminarayanan on Wednesday.
In their petitions, Akash and Vikram challenged the action of ED in conducting the search at their residence and office and sealing the same.
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When the case came up, the bench questioned the power of ED to seal the premises.
Raju submitted that the central prove agency has no power to seal the premises. However, it has powers under section 17 of Prevention of
Money Laundering
Act (PMLA) to break open the lock. But, the ED did not want to escalate the situation, he added.
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He also informed the bench that the ED was instructed to withdraw the notice pasted on the premises of the petitioners and to return all the seized material.
Following this, the bench reserved orders on the interim applications and posted after four weeks, the hearing on the main petitions.
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