Allowed
FPA-PMLA-1973/DLI/2017 of Shri Rajesh Kumar Agarwal v/s The Deputy Director, Directorate of Enforcement, Delhi
ATFPFPA-PMLA-1973/DLI/2017
Case brief
AI extract
What is this about?
A notification order to institute administrative inquiries against the appellant under the Prevention of Money-Laundering Act, 2002. The appellate tribunal allowed the appeal and quashed the impugned order. The notification was set aside as the proceedings were initiated without following mandatory pre-requisite procedures under the Act.
What did the court decide?
Quashing of the order dated August 21, 2017, instituting proceedings for misappropriation of public funds under Section 13 of the Prevention of Money-Laundering Act, 2002.