Disposed

FPA-PMLA-2208/CHN/2018 of Andhra Bank, Zonal Office v/s The Deputy Director Directorate of Enforcement, Chennai

ATFP16 Aug 2018FPA-PMLA-2208/CHN/2018

Case brief

AI extract

What is this about?

Appeal filed by banks and T.D. Naidu. Court allowed written submissions to be filed within two weeks and listed matter for further proceedings. Mentioned guarantors' consent for property disposal pending affidavit filing.

What did the court decide?

Written submissions to be filed within two weeks; matter listed for November 22, 2018.

FPA-PMLA-2208/CHN/2018 of Andhra Bank, Zonal Office v/s The… — Money Laundering | ATFP (2018)

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APPELLATE TRIBUNAL, PREVENTION OF MONEY LAUNDERING ACT AT NEW DELHI

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MP-PMLA-4311//CHN/2018 (COD) FPA-PMLA-2208/CHN/2018
Andhra Bank, Zonal Office	…	Appellant
Versus
The Deputy Director
Directorate of Enforcement, Chennai	…	Respondent
MP-PMLA-4331/CHN/2018 COD
MP-PMLA-4332/CHN/2018 Exem. FPA-PMLA-2220/CHN/2018
Union Bank of India	…	Appellant
Versus
The Deputy Director
Directorate of Enforcement, Chennai	…	Respondent
MP-PMLA-4296/CHN/2018 Stay FPA-PMLA-2200/CHN/2018
Shri T.D. Naidu	…	Appellant
Versus
The Deputy Director
Directorate of Enforcement, Chennai	…	Respondent

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Advocates/Authorized Representatives who appeared

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For the appellant	: ShriPBA Srivanasan, Advocate Mr. C.B. Gururaj, Advocate
For the respondent	: Shri S.K. Sharma, Advocate
CORAM
JUSTICE MANMOHAN SINGH	: CHAIRMAN
SHRI G.C. MISHRA	: MEMBER

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ORDER 16.08.2018

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FPA-PMLA-2208/CHN/2018

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Reply has been given to the counsel for the appellant. Counsel for the appellant states that rejoinder is not necessary. Let the written submissions be filed within two weeks. Copy of the reply has been handed over to the counsel for the appellant who states that even the

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FPA-PMLA-2208, 2200 & 2220/CHN/2018

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Page 1 of 2

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guarantors have no objection if the said properties be disposed of by the bank in order to recover loan amount. He seeks time to file the affidavit

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of all the guarantors by the next date. Let the same be done by the next

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date

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List on 22^nd November, 2018.

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(Justice Manmohan Singh) Chairman

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(G.C. Mishra) Member

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New Delhi,

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16^th August, 2018

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‘K’

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FPA-PMLA-2208, 2200 & 2220/CHN/2018

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FPA-PMLA-2208/CHN/2018 of Andhra Bank, Zonal Office v/s The Deputy Director Directorate of Enforcement, Chennai

Case brief

What is this about?

What did the court decide?

FPA-PMLA-2208/CHN/2018 of Andhra Bank, Zonal Office v/s The Deputy Director Directorate of Enforcement, Chennai

Case brief

What is this about?

What did the court decide?

What the court decided

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Coram

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