The Appellate Tribunal listed an application seeking stay of a possession notice under Section 8(4) of the PMLA for arguments and maintained an attachment while restraining withdrawal from specific escrow accounts.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
APPELLATE TRIBUNAL, PREVENTION OF MONEY LAUNDERING ACT AT NEW DELHI
MP-PMLA-3493/KOL/2017(Misc) MP-PMLA-3407/KOL/2017 (Misc) FPA-PMLA-1756/KOL/2017
Aditya Birla Finance Ltd. … Appellant/Applicant Versus The Joint Director Directorate of Enforcement, Kolkata … Respondent
Advocates/Authorized Representatives who appeared
| For the appellant | : | Shri Rajiv Nayyar, Sr. Advocate with Shri Jaiveer Shergill, Advocate Shri Lalit Katariya, Advocate |
|---|---|---|
| For the respondent | : | Ms. Shilpi Satyapriya Satyam, Advocate |
| CORAM | ||
| JUSTICE MANMOHAN SINGH SHRI G.C. MISHRA |
: : |
CHAIRMAN MEMBER |
| SHRI B.K. BANSAL | : | MEMBER |
ORDER 25.05.2017
MP-PMLA-3493/KOL/2017
A fresh application has been filed by the appellant seeking stay of possession notice u/s 8(4) issued by the Enforcement Directorate. Let the reply be filed within ten days. List this application for arguments on 14th July, 2017.
The attachment order will continue, however the respondent is restrained not to withdraw the amount lying in the Escrow Accounts No. 200999779905 and 200999779912 in Indusind Bank, Lower Parel, Branch, Mumbai.
FPA-PMLA-1756/KOL/2017
Page 1 of 2
Copy of the order be given “dasti” to both sides.
(Justice Manmohan Singh) Chairman
(G.C. MISHRA) Member (B.K. Bansal) Member New Delhi, 25th May, 2017.
M
FPA-PMLA-1756/KOL/2017
Page 2 of 2
1 issue framed by the court
Whether to grant a stay on the possession notice issued under Section 8(4) of the PMLA.
1 provisions across 1 enactments
Aditya Birla Finance Ltd.
The Joint Director Directorate of Enforcement, Kolkata
Manmohan Singh
G.C. Mishra
B.K. Bansal
As recorded by the court registry
11 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
