The Appellate Tribunal dismissed the appeals filed by banks and an individual. The order is a stay application with a direction to re-notify an order on 05th December, 2019, with no substantive reasoning provided in the text.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
APPELLATE TRIBUNAL, PREVENTION OF MONEY LAUNDERING ACT AT NEW DELHI
1. MP-PMLA-3686/CHN/2017 (Misc.) MP-PMLA-2435/CHN/2016 (Stay) FPA-PMLA-1200/CHN/2016 Shri T.D. Naidu … Appellant 2. FPA-PMLA-1199/CHN/2016 Shri T.D.Naidu … Appellant 3. FPA-PMLA-1264/CHN/2016 Union Bank of India … Appellant 4. FPA-PMLA-1265/CHN/2016 Union Bank of India … Appellant 5. FPA-PMLA-1201/CHN/2016 Andhra Bank & Another … Appellant 6. FPA-PMLA-1202/CHN/2016 Andhra Bank & Another … Appellant Versus The Joint Director Directorate of Enforcement, Chennai & Ors. … Respondents
Advocates/Authorized Representatives who appeared
For the Appellant nos. 1 & 2 : Ms. Shashi Bala, Advocate For the Appellant nos. 3 to 6 : Mr. Parth Tandel, Advocate For the Respondent no. 1 (ED) : Mrs. Shilpi Satyapriya Satyam, Advocate CORAM JUSTICE MANMOHAN SINGH : CHAIRMAN SHRI G. C. MISHRA : MEMBER
ORDER
30.07.2019
FPA-PMLA-1199-1202/CHN/2016, FPA-PMLA-1264/CHN/2016 & FPA-PMLA-1265/CHN/2016
Re-notify on 05th December, 2019.
(Justice Manmohan Singh) Chairman
(G. C. Mishra) Member
New Delhi, 30th July, 2019
‘AS’
FPA-PMLA-1199-1202/CHN/2016, FPA-PMLA-1264/CHN/2016 & FPA-PMLA-1265/CHN/2016
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T.D. Naidu
Union Bank of India
Andhra Bank
The Joint Director Directorate of Enforcement, Chennai & Ors.
Manmohan Singh
G. C. Mishra
As recorded by the court registry
16 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
