The Appellate Tribunal noted that prosecution proceedings under the Prevention of Money Laundering Act were stayed by the High Court and listed the matter for a subsequent date.
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
FPA-PMLA-198/KOL/2011
M/s Xponce IT Services Pvt. ltd.
… Appellant
Versus
The Deputy Director Directorate of Enforcement, Kolkata … Respondent
Advocates/Authorized Representatives who appeared
For the appellant : Ms. Sabyasachi Banerjee, Advocate Shri Ayan Bhattacherjee, Advocate Pallavi Deepika, Advocate (for Axis Bank) For the respondent : Shri S.A. Saud, Advocate CORAM JUSTICE MANMOHAN SINGH : CHAIRMAN SHRI G.C. MISHRA : MEMBER SHRI B.K. BANSAL : MEMBER
ORDER 27.04.2017
FPA-PMLA-198/KOL/2011
Both the parties have made their submissions for some time. The counsel for the appellant has pointed out that the proceedings of the complaint under Prevention of Money Laundering Act have been stayed by the Hon’ble High Court. The counsel for the respondent does not deny the said fact.
List on 31st August, 2017.
(Justice Manmohan Singh) Chairman
(G.C. Mishra) Member
(B.K. Bansal) Member
New Delhi,
27th April, 2017.
‘K’
FPA-PMLA-198/KOL/2011
Page 1 of 1
3 issues framed by the court
Whether the Appellate Tribunal needs to proceed with the appeal when the underlying prosecution proceedings are stayed by the High Court
What the effect of the High Court's stay on the complaint proceedings under the Prevention of Money Laundering Act is
When the parties filed their submissions and where the matter stands currently
M/s Xponce IT Services Pvt. ltd.
The Deputy Director Directorate of Enforcement, Kolkata
Manmohan Singh
G.C. Mishra
B.K. Bansal
As recorded by the court registry
8 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
