FPA-PMLA-2473/HYD/2018 of The Joint Director Directorate of Enforcement, Hyderabad v/s M/s. Embassy Property Developments Pvt. Ltd.
ATFPFPA-PMLA-2473/HYD/2018
Case brief
AI extract
What is this about?
In two connected applications, the appellant admitted there is no record evidence of monetary transfers from company to personal accounts despite a beneficial ownership claim. The tribunal granted two weeks to file a written synopsis and reserved orders.
What did the court decide?
Counsel permitted to file written synopsis within two weeks; orders reserved.