Partly allowed
FPA-PMLA-2162/MUM/2018 of M/s Prosperity Agro India Ltd. v/s The Deputy Director, Directorate of Enforcement, Mumbai
ATFPFPA-PMLA-2162/MUM/2018
Case brief
AI extract
What is this about?
Appellate Tribunal listed connected appeals urgently and granted an interim stay with notice issued under Section 8(4) of the PMLA to prevent coercive action pending further hearing.
What did the court decide?
Interim stay granted on linked applications; no coercive action to be taken pending further hearing.