FPA-PMLA-2844/DLI/2019 of Black Velvet Publishers Pvt. Ltd. v/s The Deputy Director Directorate of Enforcement, Delhi
Case brief
What is this about?
Appeals filed by multiple entities against an order passed by the Adjudicating Authority. The Tribunal observed that the Authority should have waited for further directions from the Delhi High Court. The attachment was directed to continue, but no physical possession shall be taken.
What did the court decide?
The attachment of property shall continue; no physical possession shall be taken by the ED; appellants shall not create third-party interest or dispose of attached property.