Disposed

FPA-PMLA-2147/DLI/2018 of Idbi Bank Ltd. v/s The Deputy Director Directorate of Enforcement, Delhi & Ors.

ATFP28 Nov 2019FPA-PMLA-2147/DLI/2018

Case brief

AI extract

What is this about?

Appeal filed by IDBI Bank Ltd. challenging an ED order. Counsel argued for a stay pending a Supreme Court status quo order in similar bank appeals. Court directed re-notification on 20th May 2020 and asked the respondent to file a written synopsis.

What did the court decide?

Directed re-notification on 20th May 2020; respondent to file written synopsis by next date.

FPA-PMLA-2147/DLI/2018 of Idbi Bank Ltd. v/s The Deputy Director… — Money Laundering | ATFP (2019)

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APPELLATE TRIBUNAL, PREVENTION OF MONEY LAUNDERING ACT AT NEW DELHI

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MP-PMLA-4211/DLI/2018 (Stay) & FPA-PMLA-2147/DLI/2018 IDBI Bank Ltd. … Applicant/Appellant Versus The Deputy Director Directorate of Enforcement, Delhi & Ors. … Respondents

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Advocates/Authorized Represe	ntatives who appeared
For the Appellant	: Ms. Ekta Gambhir, Proxy counsel
	On behalf of Mr. Sanjay Bajaj, Advocate
For the Respondent no. 1 (ED)	: Mr. Naveen Kumar Matta, Advocate
CORAM
SHRI G. C. MISHRA	: ACTING CHAIRMAN

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ORDER 28.11.2019

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FPA-PMLA-2147/DLI/2018

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Ms. Ekta Gambhir, Proxy counsel for the main counsel for the appellant is present. Mr. Naveen Kumar Matta, learned counsel for the respondent is also present. It is submitted by the proxy counsel for the appellant that since common question of law is involved in the present case also, as in the case in appeal no(s). FPA-PMLA-729/DLI/2014 the appeal filed by State Bank of India and in appeal no. FPA-PMLA1848/DLI/2017 filed by Axis Bank and since the appellants in the above two appeals have already challenged the order dated 02.04.2019 passed by the Hon’ble High Court of Delhi at New Delhi, and that the Hon’ble Supreme Court of India has passed an order of ‘status quo’, so in the event any order passed by the Hon’ble Supreme Court than it will have the same bearing on the present case also.

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FPA-PMLA-2147/DLI/2018

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Page 1 of 2

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So in view of the same, re-notify on 20^th May, 2020.

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The respondent is directed to file the written synopsis by the next

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date.

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(G. C. Mishra) Acting Chairman

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New Delhi, 28^th November, 2019

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‘AS’

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FPA-PMLA-2147/DLI/2018

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FPA-PMLA-2147/DLI/2018 of Idbi Bank Ltd. v/s The Deputy Director Directorate of Enforcement, Delhi & Ors.

Case brief

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FPA-PMLA-2147/DLI/2018 of Idbi Bank Ltd. v/s The Deputy Director Directorate of Enforcement, Delhi & Ors.

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