FPA-PMLA-225/HYD/2011 of M. Naga Raju v/s The Deputy Director Directorate of Enforcement, Hyderabad
Case brief
What is this about?
The Tribunal admitted a fresh appeal under section 26 of the PMLA against the Adjudicating Authority's order. notice was issued to the respondent. The Tribunal also briefly addressed a stay petition before setting the appeal for files with a decision reserved.
What did the court decide?
Notice of appeal issued to respondent; appellant allowed to file rejoinder within four weeks of reply.