FPA-PMLA-1997/CHN/2017 of Mrs. Jasmine Felix v/s The Deputy Director Directorate of Enforcement, Chennai
ATFPFPA-PMLA-1997/CHN/2017
Case brief
AI extract
What is this about?
Transfer of seven stay applications where the tribunal dismissed an early hearing request. The court allowed the appellant to rent out the property subject to deposit of charges and an undertaking from the tenant to vacate if the case goes against them, noting the prosecution was stayed by the High Court.
What did the court decide?
Permission to rent out seized property to a third party, provided use and occupation charges are deposited and the tenant undertakes to vacate if the matter is decided against the owner.