FPA-PMLA-1763/MUM/2017 of Ms. Mandwa Farms Pvt. Ltd. v/s The Deputy Director Directorate of Enforcement, Mumbai
Case brief
What is this about?
The Appellate Tribunal passed an order directing the maintenance of status quo in relation to attached property pending the pronouncement of its order on a stay application in a money laundering matter. Section 8(4) was mentioned regarding notice proceedings.
What did the court decide?
Direction to both parties to maintain status quo in relation to the attached property pending the order on the stay application.