FPA-PMLA-1242/KOL/2016 of Indian Bank v/s The Joint Director Directorate of Enforcement, Kolkata
Case brief
What is this about?
The tribunal disposed of an application for condonation of delay in filing a reply to a Section 26 notice. It also granted a final opportunity to file a reply to an unsubmitted defense in a related stay matter and stayed the operation of an attachment order.
What did the court decide?
Delay condoned in filing reply; final opportunity granted to file reply; operation of order dated 22.09.2015 stayed.