Question

Under the PMLA, a provisional attachment order is valid for a maximum period of how many days?

Q: Answer-Under the PMLA, a provisional attachment order is valid for a maximum period of how many days?

Under Section 5 of the Prevention of Money Laundering Act, an order of provisional attachment of property remains in force for a period not exceeding one hundred eighty days from the date of the order, unless confirmed by the Adjudicating Authority. Within this period, the matter must be placed before the Adjudicating Authority for confirmation. This time limit ensures that attachment is subject to timely adjudication and that the rights of the person whose property is attached are determined within a defined period.