FPA-PMLA-1587/HYD/2016 of M/s Saraswati Power and Industries Ltd. v/s The Joint Director Directorate of Enforcement, Hyderabad

ATFP24 Jul 2018FPA-PMLA-1587/HYD/2016

Case brief

AI extract

What is this about?

The Appeal Tribunal listed multiple money laundering related appeals against the respondent for rehearing. The respondent appeared via an Inspecting Officer. Due to the principal respondent counsel not carrying the file, the matter was adjourned.

What did the court decide?

Matters listed for rehearing; adjourned due to respondent counsel not carrying file.

FPA-PMLA-1587/HYD/2016 of M/s Saraswati Power and Industries Ltd… — Money Laundering | ATFP (2018)

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APPELLATE TRIBUNAL, PREVENTION OF MONEY LAUNDERING ACT AT NEW DELHI

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(1) MP-PMLA-2987/HYD/2016 (Stay) FPA-PMLA-1573/ HYD/2016
Shri Y.S. Jagan Mohan Reddy	…	Appellant/Applicant
Versus
The Joint Director Directorate of Enforcement, Hyderabad	…	Respondent
(2) MP-PMLA-2989/HYD/2016 (Misc) MP-PMLA-2988/HYD/2016 (Stay) FPA-PMLA-1574/HYD/2016
Shri Y. S. Bharati Reddy	…	Appellant/Applicant
Versus
The Joint Director
Directorate of Enforcement, Hyderabad	…	Respondent
(3) MP-PMLA-2991/HYD/2016 (Stay) MP-PMLA-2990/HYD/2016 (Misc) FPA-PMLA-1575/HYD/2016
M/s. Classic Realty Pvt. Ltd.	…	Appellant/Applicant
Versus
The Joint Director
Directorate of Enforcement, Hyderabad	…	Respondent
(4) MP-PMLA-2992/HYD/2016 (Stay) MP-PMLA-2993/HYD/2016 (Misc) FPA-PMLA-1576/HYD/2016
M/s. Sandur Power Company Pvt. Ltd	…	Appellant/Applicant
Versus
The Joint Director Directorate of Enforcement, Hyderabad	…	Respondent
(5) MP-PMLA-2994/HYD/2016 (Stay) MP-PMLA-2995/HYD/2016 (Misc) FPA-PMLA-1577/HYD/2016
M/s. Silican Builders Pvt Ltd.	…	Appellant/Applicant
Versus
The Joint Director
Directorate of Enforcement, Hyderabad	…	Respondent

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FPA-PMLA-1573-1577, 1582-1588/HYD/2016 & FPA-MLA-1052/HYD/2015

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Page 1 of 4

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(6) MP-PMLA-2998/HYD/2016 (Stay) MP-PMLA-2999/HYD/2016 (Misc) FPA-PMLA-1582/HYD/2016
M/s Silicaon Infrastructure Pvt. Ltd.	…	Appellant/Applicant
Versus
The Joint Director Directorate of Enforcement, Hyderabad	…	Respondent
(7) MP-PMLA-3000/HYD/2016 (Stay) MP-PMLA-3001/HYD/2016 (Misc) FPA-PMLA-1583/HYD/2016
M/s Capstone Infrastructure Pvt. Ltd.	…	Appellant/Applicant
Versus
The Joint Director
Directorate of Enforcement, Hyderabad	…	Respondent
(8) MP-PMLA-3002/HYD/2016 (Stay) MP-PMLA-3003/HYD/2016 (Misc) FPA-PMLA-1584/HYD/2016
M/s Ravan Infra Pvt Ltd.	…	Appellant/Applicant
Versus
The Joint Director
Directorate of Enforcement, Hyderabad	…	Respondent
(9) MP-PMLA-3004/HYD/2016 (Stay) MP-PMLA-3005/HYD/2016 (Misc) FPA-PMLA-1585/HYD/2016
M/s Bhagavath Sannidhi Estates Pvt. Ltd.	…	Appellant/Applicant
Versus
The Joint Director
Directorate of Enforcement, Hyderabad	…	Respondent
(10) MP-PMLA-3006/HYD/2016 (Stay) MP-PMLA-3007/HYD/2016 (Misc) FPA-PMLA-1586/HYD/2016
M/s Utopia Infrastructure Pvt. Ltd.	…	Appellant/Applicant
Versus
The Joint Director
Directorate of Enforcement, Hyderabad	…	Respondent

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FPA-PMLA-1573-1577, 1582-1588/HYD/2016 & FPA-MLA-1052/HYD/2015

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Page 2 of 4

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(11) MP-PMLA-3008/HYD/2016 (Stay) MP-PMLA-3009/HYD/2016 (Misc) FPA-PMLA-1587/HYD/2016
M/s Saraswati Power and Industries Ltd.	… Appellant/Applicant
Versus
The Joint Director Directorate of Enforcement, Hyderabad	… Respondent
(12) MP-PMLA-3010/HYD/2016 (Stay) MP-PMLA-3011/HYD/2016 (Misc) FPA-PMLA-1588/HYD/2016
M/s Harish Infrastructure Pvt. Ltd.	… Appellant/Applicant
Versus
The Joint Director Directorate of Enforcement, Hyderabad	… Respondent
&
(13) MP-PMLA-2085/HYD/2015 (Stay) FPA-PMLA-1052/HYD/2015
M/s. Ramaky Pharma City India Ltd.	… 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 appellants	: Mr. Raghenth Basant, Advocate
For the respondent	: Mr. Mohd. Faraz, Advocate Mr. B.S. Gandhi, Inspecting Officer
CORAM
JUSTICE MANMOHAN SINGH	: CHAIRMAN

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ORDER 24.07.2018

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FPA-PMLA-1573-1577, 1582-1588/HYD/2016 & FPA-PMLA-1052/ HYD/2015

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The learned Counsel for the appellant has made the submission for some time and clarified certain queries. Hon’ble Member who had earlier

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FPA-PMLA-1573-1577, 1582-1588/HYD/2016 & FPA-MLA-1052/HYD/2015

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Page 3 of 4

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heard the matter while sitting with the Chairman has resigned. The appeals are to be re-heard.

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The learned Counsel for the respondent states that the appearance of the Inspecting Officer, Shri B.S. Gandhi is necessary. Under these circumstances, he is allowed to be present on all the dates with regard to the above mentioned matters.

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The learned Counsel for the respondent is not carrying file today. He seeks adjournment.

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List on 11^th September, 2018 at 2.30 p.m.

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(Justice Manmohan Singh) Chairman

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New Delhi, 24^th July, 2018 ‘r’

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& FPA-MLA-1052/HYD/2015

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FPA-PMLA-1573-1577, 1582-1588/HYD/2016

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Page 4 of 4

FPA-PMLA-1587/HYD/2016 of M/s Saraswati Power and Industries Ltd. v/s The Joint Director Directorate of Enforcement, Hyderabad

Case brief

What is this about?

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FPA-PMLA-1587/HYD/2016 of M/s Saraswati Power and Industries Ltd. v/s The Joint Director Directorate of Enforcement, Hyderabad

Case brief

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What did the court decide?

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Coram

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