FPA-PMLA-1355/MUM/2016 of M/s. Devisha Infrastructure Pvt. Ltd. v/s The Joint Director Directorate of Enforcement, Mumbai
Case brief
What is this about?
In revenue proceedings under the PMLA regarding attached property, the Tribunal disposed of appeals by upholding an existing status quo order pending the final outcome of the complaint, granting liberty to seek modification if events change.
What did the court decide?
Existing status quo order on attached property continued till final outcome of complaint; liberty granted to apply for modification.