Disposed
FPA-PMLA-1607/JL/2017 of Monika Jain v/s The Joint Director Directorate of Enforcement, Jalandhar
ATFPFPA-PMLA-1607/JL/2017
Case brief
AI extract
What is this about?
In a matter of money laundering, the Tribunal granted the Respondent additional time to file a reply. A stay on the status quo order was allowed pending the filing of the reply, with appellant agreeing not to dispose of the property. The appeal was listed for further hearing on 20 April 2017 as parties exchange submissions.
What did the court decide?
Stay on status quo order pending filing of reply within four weeks; appellant to file undertaking against disposal of property.