Partly allowed
FPA-PMLA-1972/JP/2017 of Cholamandalam Investment & Finance Co. Ltd. v/s The Deputy Director Directorate of Enforcement, Jaipur
ATFPFPA-PMLA-1972/JP/2017
Case brief
AI extract
What is this about?
The Appellate Tribunal allowed an application for condonation of delay in an appeal filed under the Prevention of Money Laundering Act, 2002. It also issued notice to the respondent, which was accepted with a request for a four-week extension to file the reply.
What did the court decide?
Condonation of delay allowed for the first application; reply to the fresh appeal to be filed within four weeks.