Disposed

FPA-FE-56/MUM/2015 of M/s. Plethico Pharmaceuticals Ltd. v/s The Special Director Directorate of Enforcement, Mumbai

ATFP13 Jul 2017FPA-FE-56/MUM/2015

Case brief

AI extract

What is this about?

Priority observation by the Appellate Tribunal (ATFE) noting the merger with the Appellate Tribunal under the Smugglers Act due to Finance Act 2017. Registry to issue notices to the new Tribunal regarding pending appeals in this merged file where the company is in liquidation.

What the court decided

AI extract

FPA-FE-56/MUM/2015 of M/s. Plethico Pharmaceuticals Ltd. v/s The Special Director Directorate of Enforcement, Mumbai — ATFP (2017) — LawSathi Research

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APPELLATE TRIBUNAL, FOREIGN EXCHANGE MANAGEMENT ACT AT NEW DELHI

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FPA-FE-56/MUM/2015

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M/s. Plethico Pharmaceuticals Ltd. … Appellant Versus

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The Special Director Directorate of Enforcement, Mumbai

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… Respondent

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Advocates/Authorized Representatives who appeared

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For the appellant	: Shri Aatreya Singh, Advocate
For the respondent	: Shri Prashant Pandey, Advocate
CORAM
JUSTICE MANMOHAN SINGH	: CHAIRMAN
SHRI G.C. MISHRA	: MEMBER
SHRI B.K. BANSAL	: MEMBER

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ORDER 13.07.2017

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FPA-FE-56/MUM/2015

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As per the provision of Part XIV of Chapter VI of the Finance Act 2017, the Appellate Tribunal for Foreign Exchange (ATFE) has been merged with the Appellate Tribunal under the Smugglers & Foreign Exchange Manipulators (Forfeiture of Properties) Act 1976, w.e.f. 26.05.2017. The file in the above said matter has been received by this Tribunal on 1^st July, 2017.

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The Company in question is in Liquidation. The present Liquidator has been appointed by the Madhya Pradesh High Court, Indore Bench. No one appeared on behalf of the Liquidator. Registry will issue the notice to the Liquidator in relation to Appeal No. 62, 63, 65. There is delay in filing the said appeal. The said application will also be considered on next date.

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FPA-FE-56/MUM/2015

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Page 1 of 2

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List on 16^th November, 2017.

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(Justice Manmohan Singh) Chairman

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(G.C. Mishra) Member

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(B.K. Bansal) Member

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New Delhi, 13^th July, 2017

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‘r’

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FPA-FE-56/MUM/2015

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FPA-FE-56/MUM/2015 of M/s. Plethico Pharmaceuticals Ltd. v/s The Special Director Directorate of Enforcement, Mumbai

Case brief

What is this about?

What the court decided

FPA-FE-56/MUM/2015 of M/s. Plethico Pharmaceuticals Ltd. v/s The Special Director Directorate of Enforcement, Mumbai

Case brief

What is this about?

What the court decided

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