$~17 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 8348/2025 and CM APPL. 36187/2025 HDFC SECURITIES LTD .....Petitioner Through: Mr.Jayant Mehta, Sr. Adv with Mr.

Sameer Pandit, Mr. Aman Raj Gandhi, Ms.Sara Khambati, Mr. Parthasarathy Bose, and Ms. Lavina Bhargava, Advs.

versus ADJUDICATING AUTHORITY PMLA NEW DELHI & ANR. .....Respondents Through: Mr. Vivek Gurnani, Panel Counsel and Mr. Kanishk Maurya, Adv.

CORAM:

HON’BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV

O R D E R

% 09.02.2026

1. The petitioner has challenged the impugned order dated 08.05.2025, passed by the respondent no.1, whereby, the provisional attachment order has been confirmed.

2. Mr. Jayant Mehta, learned senior counsel for the petitioner, raised various grievances, including to state that there is a flagrant violation of the first proviso to sub-Section 2 of Section 8 of the Prevention of Money Laundering Act, 2002 (hereinafter ‘the PMLA’), which violates principle of natural justice. It is submitted that the petitioner is a Securities and Exchange Board of India (‘SEBI’)-Registered Stock Broking Company. It provides a margin trading facility. According to him, had the petitioner been heard by the adjudicating auth