This was a routine listing order in a PMLA stay matter. The tribunal recorded an undertaking by a third party (Dr. V.M. Ganesan) to repay dues to the appellant within 30 months. The tribunal directed the appellant to verify the amount and listed the matter for the next hearing.
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APPELLATE TRIBUNAL, PREVENTION OF MONEY LAUNDERING ACT AT NEW DELHI
MP-PMLA-1631/CHN/2015 (Stay)
FPA-PMLA-858/CHN/2015
LIC Housing Finance Limited … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Chennai … Respondent
Advocates/Authorized Representatives who appeared
| For the appellant | : Shri Pankul Nagpal, Advocate |
|---|---|
| For the respondent | : Shri S.A. Saud, Advocate |
| CORAM | |
| JUSTICE MANMOHAN SINGH | : CHAIRMAN |
| SHRI G.C. MISHRA | : MEMBER |
| SHRI B.K. BANSAL | : MEMBER |
ORDER 11.05.2017
FPA-PMLA-858/CHN/2015
The other connected matter is coming up on 26th October, 2017. In
view of the discussion on the last date of hearing the undertaking on behalf of the Dr V. M. Ganesan has been filed in the shape of the affidavit. The same is taken on record. The undertaking is accepted by this tribunal. The relevant para 4 is read As under.
“…………………….
………………………. In fact I have been planning to make payments for quite some time. The total months of due as on date is 29 and the corresponding amount due to the appellant herein is Rs. 18,75,500/- hereby undertake to pay the same within 30 months as 2 EMI dues per month i.e. Rs. 1,29,000/-
FPA-PMLA-858/CHN/2015
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P.M. and I will continue to pay the monthly installment Rs. 64, 500/- thereafter without fail.
……………..”
In view of the same the appellant is directed to comply the undertaking given as per para 4. The leaned counsel for the appellant submits that he will verify the amount from his client pertaining to the amount mentioned in para 4 and in case any clarification is necessary he would inform this Tribunal.
List on 26th October, 2017.
(Justice Manmohan Singh) Chairman
(G.C. Mishra)
Member
(B.K. Bansal) Member
New Delhi,
11th May, 2017
„s‟
FPA-PMLA-858/CHN/2015
Page 2 of 2
LIC Housing Finance Limited
The Deputy Director Directorate of Enforcement, Chennai
Manmohan Singh
G.C. Mishra
B.K. Bansal
As recorded by the court registry
12 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
