FPA-PMLA-2738/ Bng /2018 of State Bank of India v/s The Deputy Director, Directorate of Enforcement, Bangalore
ATFPFPA-PMLA-2738/ BNG /2018
Case brief
AI extract
What is this about?
Appellate Tribunal allowed the appellant's application for condonation of delay under Section 26 of the PMLA, 2002, subject to costs. It ordered the respondent not to take coercive action and to maintain status quo until the next hearing date.
What did the court decide?
Application for condonation of delay allowed subject to costs of Rs. 10,000; interim order restraining coercive action.