FPA-PMLA-1541/CHN/2016 of N. Venkatraman v/s The Deputy Director Directorate of Enforcement, Chennai
Case brief
What is this about?
In two Prevention of Money Laundering Act proceedings, appellants sought stay orders regarding attached property. The Tribunal noted the respondent had taken physical possession and directed parties to maintain the status quo of the attached property.
What did the court decide?
Direction to maintain status quo of the attached property.