Partly allowed
FPA-PMLA-2482/DLI/2018 of Paresh Kumar Gujral v/s The Deputy Director Directorate of Enforcement, Delhi
ATFPFPA-PMLA-2482/DLI/2018
Case brief
AI extract
What is this about?
The Tribunal admitted fresh appeals and stay applications filed under Section 26 of the Prevention of Money Laundering Act, 2002 against an order by the Adjudicating Authority dated 9th July 2018. Notices were issued and replies sought within six weeks. It was directed that no coercive action be taken under Section 8(4) in the meantime and status quo maintained.
What did the court decide?
Admitted appeals and stay applications; directed no coercive action under Section 8(4) of PMLA in the meantime; directed parties to file replies within six weeks.