JUDGMENT:

SHAMS MEHMOOD MIRZA, J.-- This writ petition as well as the connected writ petitions, the details whereof are mentioned in the �Schedules� attached hereto, call into question the action of the Directorate of Intelligence and Investigation, Inland Revenue [Directorate (I I)] in initiating proceedings against the petitioners under the provisions of Anti-Money Laundering Act, 2010 (the Act) by issuing call up notices and/or registering First Information Reports (FIR) against them. The petitioners accordingly pray for setting aside the notices and quashing of the FIRs.Submissions of the petitioners2. Mr. Imtiaz Rashid Siddique, Advocate and Mr. Umer Riaz, Advocate initiated the arguments on behalf of the petitioners. Learned counsels made the challenge to the actions of the respondents primarily on the following grounds.(a) Notification SRO No.425(I)/2016 dated 20.05.2016 through which Chapter XII-A was inserted in Schedule I of the Act is violative of the law laid down in Mustafa Impex an...