OD 16 ORDER SHEET APMLT/24/2025 IA NO: GA/1/2025 IN THE HIGH COURT AT CALCUTTA SPECIAL JURISDICTION ORIGINAL SIDE THE DEPUTY DIRECTOR DIRECTORATE OF ENFORCEMENT VS POWER TRUST BEFORE:

The Hon’ble JUSTICE RAJARSHI BHARADWAJ AND The Hon’ble JUSTICE UDAY KUMAR Date: 24th December, 2025.

Appearance:

Mr. Arijit Chakraborti, Adv.

Mr. Debsoumya Basak, Adv.

Ms. Swati Kumari Singh, Adv.

. . .for the appellant.

Mr. Shaunak Mitra, Adv.

Mr. Vishwarup Acharyya, Adv.

Mr. Sannidhya Dutta, Adv.

…for the respondent The Court: We have heard learned advocates on either side.

The appeal is admitted on the following questions of law for consideration.

seized material when such material is crucial in tracing out the “proceeds of crime” within the meaning of Section 2(1)(u) of PMLA, 2002 ?

B. Whether the release of the seized documents and materials by the Ld. Appellate Tribunal is sustainable while predicate offence had been prima facie established against the Respondent ?

C. Whether the Ld. Appellate Tribunal has mechanically directed release of all seized documents and electronic devices solely on the ground that 365 days have elapsed and that a Closure Report was filed in the predicate case, without examining the