FPA-PMLA-2257/BBS/2018 of Krushna Chandra Das v/s The Joint Director Directorate of Enforcement, Bhubaneswar
Case brief
What is this about?
Fresh appeals and stay applications under Section 26 of PMLA 2002 were admitted before giving time to the respondent to file reply. Pre-coercive steps were prohibited pending hearing but alienation of attached property was restrained.
What did the court decide?
Time granted for reply to be filed within six weeks; adv copy of reply to be given to appellant so that rejoinder may be filed within four weeks thereafter.