Disposed

FPA-PMLA-2718/AHD/2018 of M/s. Diamond Projects Ltd. v/s The Deputy Director Directorate of Enforcement, Ahmedabad

ATFP3 Dec 2018FPA-PMLA-2718/AHD/2018

Case brief

AI extract

What is this about?

Order listing fresh appeals filed under section 26 of the PMLA against attachment orders dated 1st October 2018. The court allowed a stay of disposal of properties due to mortgage concerns but directed the parties to maintain status quo.

What did the court decide?

Responses to be filed within six weeks; status quo maintained on attached properties; further admissibility to be decided.

FPA-PMLA-2718/AHD/2018 of M/s. Diamond Projects Ltd. v/s The Deputy Director Directorate of Enforcement, Ahmedabad — ATFP (2018) — LawSathi Research

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APPELLATE TRIBUNAL FOR SAFEMA, FEMA, PMLA, NDPS & PBPT ACT AT NEW DELHI

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(1) MP-PMLA-5288/AHD/2018 (Stay) FPA-PMLA-2718/AHD/2018
M/s. Diamond Projects Ltd.	…	Appellant
Versus
The Deputy Director Directorate of Enforcement, Ahmedabad	…	Respondent
(2) MP-PMLA-5289/AHD/2018 (Stay) FPA-PMLA-2719/AHD/2018
Mr. Sumit Suresh Bhatnagar	…	Appellant
Versus
The Deputy Director Directorate of Enforcement, Ahmedabad	…	Respondent
(3) MP-PMLA-5290/AHD/2018 (Stay) FPA-PMLA-2720/AHD/2018
Amit Suresh Bhatnagar	…	Appellant
Versus
The Deputy Director Directorate of Enforcement, Ahmedabad	…	Respondent
(4) MP-PMLA-5291/AHD/2018 (Stay) FPA-PMLA-2721/AHD/2018
Madhurilata Bhatnagar	…	Appellant
Versus
The Deputy Director Directorate of Enforcement, Ahmedabad	…	Respondent
(5) MP-PMLA-5292/AHD/2018 (Stay) FPA-PMLA-2722/AHD/2018
Mona Amit Bhatnagar	…	Appellant
Versus
The Deputy Director
A-2718-2725 & 2706/AHD/2018 Directorate of Enforcement, Ahmedabad	…	Page 1 of 3 Respondent

¶3

FPA-PMLA-2718-2725 & 2706/AHD/2018

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(6) MP-PMLA-5293/AHD/2018 (Stay) FPA-PMLA-2723/AHD/2018
Mayfair Leisure Ltd.	…	Appellant
Versus
The Deputy Director Directorate of Enforcement, Ahmedabad	…	Respondent
(7) MP-PMLA-5294/AHD/2018 (Stay) FPA-PMLA-2724/AHD/2018
Richa Sumit Bhatnagar	…	Appellant
Versus
The Deputy Director Directorate of Enforcement, Ahmedabad	…	Respondent
(8) MP-PMLA-5295/AHD/2018 (Stay) FPA-PMLA-2725/AHD/2018
Suresh Narain Bhatnagar	…	Appellant
Versus
The Deputy Director Directorate of Enforcement, Ahmedabad	…	Respondent
(9) MP-PMLA-5263/AHD/2018 (Stay) FPA-PMLA-2706/AHD/2018
M/s. Nothway Spaces Ltd.	…	Appellant
Versus
The Deputy Director Directorate of Enforcement, Ahmedabad	…	Respondent
Advocates/Authorized Representatives who	appe	ared
For the appellant : Tan Anur Suda	maya ag Sa nshu	Mehta, Tirth Bhatt, hay, Rinkel Singh, Sikka, Advocates
For the respondent : Shri	Atul T	ripathi, Advocate
FPA-PMLA-2718-2725 & 2706/AHD/2018		Page 2 of 3

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Page 2 of 3

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CORAM JUSTICE MANMOHAN SINGH : CHAIRMAN

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ORDER 03.12.2018

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FPA-PMLA-2718-2725 & 2706/AHD/2018

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Fresh appeals have been filed under section 26 of the Prevention of Money Laundering Act, 2002 against the order dated 1^st October, 2018. Issue notice. Mr. Tripathi accepts the notice. He seeks time to file the replies. Let the same be filed within six weeks with an advance copy to the learned counsel for the appellant who may file the rejoinders within four weeks.

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The learned counsel for the appellant is pressing for interim order. It is submitted by him that number of properties have been purchased much prior to the date of registering the offence. His client being the borrower have mortgaged some of property against loan taken from the banks. It is also stated that his client shall not dispose of the said property till the appeals are finally decided. The prayer is opposed by Mr. Tripathi. In view of the statement made, parties to the appeals shall maintain the ‘status quo’ with regard to the properties attached.

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List on 11^th March, 2019.

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Copy of the order be given ‘dasti’ to both the parties.

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(Justice Manmohan Singh) Chairman

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New Delhi, 3^rd December, 2018 ‘r’

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FPA-PMLA-2718-2725 & 2706/AHD/2018

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Page 3 of 3

FPA-PMLA-2718/AHD/2018 of M/s. Diamond Projects Ltd. v/s The Deputy Director Directorate of Enforcement, Ahmedabad

Case brief

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FPA-PMLA-2718/AHD/2018 of M/s. Diamond Projects Ltd. v/s The Deputy Director Directorate of Enforcement, Ahmedabad

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