FPA-PMLA-1900/KOL/2017 of Brand Value Communications Ltd. v/s The Joint Director Directorate of Enforcement, Kolkata
Case brief
What is this about?
The Tribunal allowed a condonation of delay of 25 days for filing an appeal under Section 26 of the Prevention of Money Laundering Act, 2002. It ordered the issue of notice to the respondent to file a reply within six weeks, with the appeal subsequently listed for hearing on 1 February 2018.
What did the court decide?
The application for condonation of delay and stay was allowed conditionally; notice issued for reply; matter listed on 01.02.2018.