Disposed
FPA-PMLA-1579/HYD/2016 of Bharati Cement Corporation Pvt. Ltd. v/s The Joint Director Directorate of Enforcement, Hyderabad
ATFPFPA-PMLA-1579/HYD/2016
Case brief
AI extract
What is this about?
In pending applications for quashing provisional attachment orders under the PMLA, the appellant claimed the 90-day requirement for prosecution was not met. The respondent stated a complaint was filed within the statutory period but could not produce the copy. The Tribunal adjourned to allow the Investigating Officer to file an affidavit confirming the filing date.
What did the court decide?
Order adjourned to allow the I.O. to file an affidavit confirming the date of filing the prosecution complaint.