Disposed

FPA-PMLA-1469/BNG/2016 of Rakesh Shankar Kollur v/s The Deputy Director Directorate of Enforcement, Bangalore

ATFP24 Aug 2017FPA-PMLA-1469/BNG/2016

Case brief

AI extract

What is this about?

The RBI Appellate Tribunal observed that the appellant was discharged from prosecution on 27 April 2017. It directed no coercive action be taken regarding the Section 8(4) notice and listed the matter for 16 February 2018.

What did the court decide?

No coercive action shall be taken on the notice issued under Section 8(4) of the PMLA; liberty granted to file a rejoinder within four weeks.

FPA-PMLA-1469/BNG/2016 of Rakesh Shankar Kollur v/s The Deputy… — Money Laundering | ATFP (2017)

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APPELLATE TRIBUNAL, PREVENTION OF MONEY LAUNDERING ACT AT NEW DELHI

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MP-PMLA-2833/BNG/2016 (STAY) FPA-PMLA-1465/BNG/2016
Shri Shankar Kollur	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Bangalore	…	Respondent
MP-PMLA-2834/BNG/2016 (STAY) FPA-PMLA-1466/BNG/2016
Shri Avinash Shankar Kollur (Self)	…	Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Bangalore	…	Respondent
MP-PMLA-2835/BNG/2016 (STAY)
FPA-PMLA-1467/BNG/2016
Parvati Shankar Kollur	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Bangalore	…	Respondent
MP-PMLA-2836/BNG/2016 (STAY)
FPA-PMLA-1468/BNG/2016
Avinash Shankar Kollur (President)	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Bangalore	…	Respondent
MP-PMLA-2837/BNG/2016 (STAY)
FPA-PMLA-1469/BNG/2016
Rakesh Shankar Kollur	…	Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Bangalore	…	Respondent
Advocates/Authorized Representatives who	appea	red
For the appellant : Shri	Rajku	ar
Char	tered A	, ccountant
For the respondent : Shri	Nitesh	Rana, Advocate
Ms. Shri	Saumy Manish	a Sinha, Advocate Jain, Advocate

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FPA-PMLA-1465-1466-1467-1468-1469/BNG/2016

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Page 1 of 2

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CORAM JUSTICE MANMOHAN SINGH : CHAIRMAN SHRI G.C. MISHRA : MEMBER

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ORDER 24.08.2017

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FPA-PMLA-1465/BNG/2016 & MP-PMLA-2833/BNG/2016 (STAY), MP-PMLA-2834/BNG/2016 (STAY), FPA-PMLA-1466/BNG/2016 MP-PMLA-2835/BNG/2016 (STAY) , FPA-PMLA-1467/BNG/2016 MP-PMLA-2836/BNG/2016 (STAY), FPA-PMLA-1468/BNG/2016 MP-PMLA-2837/BNG/2016 (STAY) & FPA-PMLA-1469/BNG/2016

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Reply has been filed before us in this appeal. The learned Counsel for the respondent submits that the reply filed may also be read in FPAPMLA-1466/BNG/2016, FPA-PMLA-1467/BNG/2016, FPA-PMLA1468/BNG/2016 and FPA-PMLA-1469/BNG/2016. Copy has been handed over to the Chartered Accountant to the appellant who is granted liberty to file the rejoinder within four weeks.

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The impugned order in the above said matter was passed on 26^th July, 2016. We have been informed by the Chartered Accountant of the appellant that the appellant has been discharged from the prosecution complaints on 27^th April, 2017. It appears that prior to the said date the notice under Sec. 8(4) has been issued which was received by the appellant on 15.4.2017.

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List this matter on 16^th February, 2018. Heard for some time, in the meanwhile no coercive action shall be taken by the respondent on the notice issued u/s 8(4) of the PMLA, 2002.

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(Justice Manmohan Singh) Chairman

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(G.C. Mishra)

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Member

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New Delhi, 24^th August, 2017

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‘r’

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FPA-PMLA-1465-1466-1467-1468-1469/BNG/2016

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Page 2 of 2

FPA-PMLA-1469/BNG/2016 of Rakesh Shankar Kollur v/s The Deputy Director Directorate of Enforcement, Bangalore

Case brief

What is this about?

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FPA-PMLA-1469/BNG/2016 of Rakesh Shankar Kollur v/s The Deputy Director Directorate of Enforcement, Bangalore

Case brief

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