Disposed

FPA-PMLA-988/HYD/2015 of P. T. Prasad v/s The Joint Director Directorate of Enforcement, Hyderabad

ATFP18 Apr 2017FPA-PMLA-988/HYD/2015

Case brief

AI extract

What is this about?

Appeal against an order under Section 35 of the Prevention of Money Laundering Act. Appellant sought a stay and granted exemption. Tribunal disposed of ancillary petition for interim stay by directing re-notification of the order on 9th May 2017, allowing the stay to continue pending appeal. Main appeal outcome not discerned in this text.

What did the court decide?

Petition for stay dismissed; order re-notified on 9th May 2017; interim stay to continue pending appeal.

FPA-PMLA-988/HYD/2015 of P. T. Prasad v/s The Joint Director… — Company and Corporate | ATFP (2017)

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APPELLATE TRIBUNAL, PREVENTION OF MONEY LAUNDERING ACT AT NEW DELHI

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MP-PMLA-1842/HYD/2015 (U/s 35) MP-PMLA-1843/HYD/2015 (Misc) MP-PMLA-1844/HYD/2015 (Exemption) FPA-PMLA-988/HYD/2015

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P. T. Prasad … Appellant/Applicant Versus The Joint Director Directorate of Enforcement, Hyderabad … Respondent

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Advocates/Authorized Representatives who appeared

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For the appellant	: Shri Arshdeep Singh, Advoate Shri Akshat Gupta, Advocate
For the respondent	: Shri S.A. Saud, Advocate
CORAM
JUSTICE MANMOHAN SINGH SHRI KAUSHAL SRIVASTAVA	: CHAIRMAN : MEMBER
SHRI ANAND KISHORE	: MEMBER