The Appellate Tribunal noted receipt of an affidavit with an undertaking by appellants regarding the treatment of fixed deposits as attached property for adjudication. The Tribunal adjourned the matter for the respondent to take instruction.
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
| 1. MP-PMLA-4017/LKW/2017 FPA-PMLA-1892/LKW/2017 |
(MISC) | |
|---|---|---|
| ICICI Bank Limited | … Appellant |
|
| 2. MP-PMLA-3749/LKW/2017 FPA-PMLA-1902/LKW/2017 |
(Stay) | |
| Naresh Kumar Garg & Anr. | … Appellant |
|
| 3.MP-PMLA-3750/LKW/2017 FPA-PMLA-1903/LKW/2017 |
(Stay) | |
| NKG Infrastructure and Anr. | … Appellant |
Versus
The Joint Director Directorate of Enforcement, Lucknow … Respondent
Advocates/Authorized Representatives who appeared
| For the Appellants | : | Sh. Madhav Khurana, Advocate Ms. Maneka Khanna, Advocate |
|---|---|---|
| For the Respondent | : | Shri Nitesh Rana, Advocate |
| CORAM | ||
| JUSTICE MANMOHAN SINGH | : | CHAIRMAN |
| SHRI G.C. MISHRA | : | MEMBER |
ORDER 22.11.2018
FPA-PMLA-1892, 1902-1903/LKW/2017
The counsel for the appellants has filed the affidavit of Mr. Pradeep Garg in appeal no. 1903/LKW/2017. Copy has been handed over to the counsel for the respondent.
As above mentioned affidavit, Pradeep Garg has given the undertaking on behalf of the appellate no. 2 that the appellants have no objection if the fixed deposit of Rs. 4.52 crores with the Ld. Special CBI Court is treated as property attached/proceeds of crime attached under for the purposes of the adjudication and confiscation as per law.
FPA-PMLA-1892, 1902-1903/LKW/2017
Page 1 of 2
Undertaking is also by the appellant to renew for the entire
duration of the trial before the Special Court, PMLA.
instruction in this regard.
List on 14th December, 2018.
(Justice Manmohan Singh) Chairman
(G.C. Mishra)
Member
New Delhi, 22nd November, 2018
‘s’
FPA-PMLA-1892, 1902-1903/LKW/2017
Page 2 of 2
ICICI Bank Limited & Anr.
NKG Infrastructure & Anr.
The Joint Director Directorate of Enforcement, Lucknow
Manmohan Singh
G.C. Mishra
As recorded by the court registry
9 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
