FPA-PMLA-164/LKW/2011 of M/s Vedika Datamatics P. Ltd. v/s The Deputy Director Directorate of Enforcement, Patna
Case brief
What is this about?
The Patna bench of the Appellate Tribunal addressed fresh applications for stay regarding eviction notices issued under the Prevention of Money Laundering Act. The court held that a previous status quo order remained in force and directed the respondent to maintain it until the appeals were finally disposed of.
What did the court decide?
Maintained the existing status quo order until the disposal of the appeals. Directed the respondent to maintain status quo. Disposed of fresh stay applications.