FPA-PMLA-2849/DLI/2019 of Triangle Investment Co. Pvt. Ltd. v/s The Deputy Director Directorate of Enforcement, Delhi

ATFP11 Feb 2019FPA-PMLA-2849/DLI/2019

Case brief

AI extract

What is this about?

A batch of appeals under PMLA where appellants challenged an order passed by the Adjudicating Authority allegedly violating High Court directions. The Tribunal directed that attached property status remain unchanged without physical possession.

What did the court decide?

Attachment to continue without physical possession by ED; no person to create third-party interest or dispose of property.

FPA-PMLA-2849/DLI/2019 of Triangle Investment Co. Pvt. Ltd. v/s The Deputy Director Directorate of Enforcement, Delhi — ATFP (2019) — LawSathi Research

¶1

APPELLATE TRIBUNAL FOR SAFEMA, FEMA, PMLA, NDPS & PBPT ACT AT NEW DELHI

¶2

(1) MP-PMLA-5541/DLI/2019 (Stay) FPA-PMLA-2829/DLI/2019

¶3

Sterling International Enterprises Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(2) MP-PMLA-5542/DLI/2019 (Stay) FPA-PMLA-2830/DLI/2019
Charismatice Trading LLP	…	Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Delhi	…	Respondent
(3) MP-PMLA-5543/DLI/2019 (Stay) FPA-PMLA-2831/DLI/2019
Doral Trading Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Delhi	…	Respondent
(4) MP-PMLA-5544/DLI/2019 (Stay) FPA-PMLA-2832/DLI/2019
Blue Mark Mercantile Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(5) MP-PMLA-5545/DLI/2019 (Stay) FPA-PMLA-2833/DLI/2019
PMT Engineering Ltd.	…	Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Delhi	…	Respondent
FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019		Page 1 of 13

¶4

(6) MP-PMLA-5546/DLI/2019 (Stay) FPA-PMLA-2834/DLI/2019
American Biotech Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(7) MP-PMLA-5547/DLI/2019 (Stay) FPA-PMLA-2835/DLI/2019
Prominence Trading Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(8) MP-PMLA-5548/DLI/2019 (Stay) FPA-PMLA-2836/DLI/2019
Prabal Investrade Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(9) MP-PMLA-5549/DLI/2019 (Stay) FPA-PMLA-2837/DLI/2019
Raj Bones Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(10) MP-PMLA-5550/DLI/2019 (Stay) FPA-PMLA-2838/DLI/2019
Kingfisher Trading Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019		Page 2 of 13

¶5

(11) MP-PMLA-5551/DLI/2019 (Stay) FPA-PMLA-2839/DLI/2019 PIOUS Mercantile Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (12) MP-PMLA-5552/DLI/2019 (Stay) FPA-PMLA-2840/DLI/2019 Yogi Consultancy Services Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (13) MP-PMLA-5553/DLI/2019 (Stay) FPA-PMLA-2841/DLI/2019 Sterling Oil Services. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (14) MP-PMLA-5554/DLI/2019 (Stay) FPA-PMLA-2842/DLI/2019 Haughty Properties Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (15) MP-PMLA-5555/DLI/2019 (Stay) FPA-PMLA-2843/DLI/2019 Sterling Fitness & Wellness Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (16) MP-PMLA-5556/DLI/2019 (Stay) FPA-PMLA-2844/DLI/2019 Black Velvet Publishers Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019 Page 3 of 13

¶6

(17) MP-PMLA-5557/DLI/2019 (Stay) FPA-PMLA-2845/DLI/2019

¶7

Fame Engineering Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(18) MP-PMLA-5558/DLI/2019 (Stay) FPA-PMLA-2846/DLI/2019
Sterlin Gelatin Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(19) MP-PMLA-5559/DLI/2019 (Stay) FPA-PMLA-2847/DLI/2019
Bally Trading Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(20) MP-PMLA-5560/DLI/2019 (Stay) FPA-PMLA-2848/DLI/2019
Sterling Energy Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(21) MP-PMLA-5561/DLI/2019 (Stay) FPA-PMLA-2849/DLI/2019
Triangle Investment Co. Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Delhi	…	Respondent
(22) MP-PMLA-5562/DLI/2019 (Stay) FPA-PMLA-2850/DLI/2019
Nikhila Infrastructure Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Delhi	…	Respondent
FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019		Page 4 of 13

¶8

(23) MP-PMLA-5563/DLI/2019 (Stay) FPA-PMLA-2851/DLI/2019

¶9

Shyamal Holdings & Trading Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (24) MP-PMLA-5564/DLI/2019 (Stay) FPA-PMLA-2852/DLI/2019 Ortech Infrastructure Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (25) MP-PMLA-5565/DLI/2019 (Stay) FPA-PMLA-2853/DLI/2019 Brisk Properties Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (26) MP-PMLA-5566/DLI/2019 (Stay) FPA-PMLA-2854/DLI/2019 Osmund Properties Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (27) MP-PMLA-5567/DLI/2019 (Stay) FPA-PMLA-2855/DLI/2019 Navseema Properties & Securities Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019 Page 5 of 13

¶10

(28) MP-PMLA-5568/DLI/2019 (Stay) FPA-PMLA-2856/DLI/2019

¶11

Colassal Trading Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(29) MP-PMLA-5569/DLI/2019 (Stay) FPA-PMLA-2857/DLI/2019
Sepal Mercantile Co. Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(30) MP-PMLA-5570/DLI/2019 (Stay) FPA-PMLA-2858/DLI/2019
Intense Consultancy Services Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(31) MP-PMLA-5571/DLI/2019 (Stay) FPA-PMLA-2859/DLI/2019
Adore Mercantile Co. Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(32) MP-PMLA-5572/DLI/2019 (Stay) FPA-PMLA-2860/DLI/2019
Toporder Properties Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Delhi	…	Respondent
FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019		Page 6 of 13

¶12

(33) MP-PMLA-5573/DLI/2019 (Stay) FPA-PMLA-2861/DLI/2019 Cachet Engineering Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (34) MP-PMLA-5574/DLI/2019 (Stay) FPA-PMLA-2862/DLI/2019 Planatium Infrastructure Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (35) MP-PMLA-5575/DLI/2019 (Stay) FPA-PMLA-2863/DLI/2019 Bigline Trading Co. Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (36) MP-PMLA-5576/DLI/2019 (Stay) FPA-PMLA-2864/DLI/2019 Faith Finstock Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (37) MP-PMLA-5577/DLI/2019 (Stay) FPA-PMLA-2865/DLI/2019 Shripal Infrastructure … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019 Page 7 of 13

¶13

(38) MP-PMLA-5578/DLI/2019 (Stay) FPA-PMLA-2866/DLI/2019
Viel Insurance Services Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(39) MP-PMLA-5579/DLI/2019 (Stay) FPA-PMLA-2867/DLI/2019
Nishant Consultancy Services Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(40) MP-PMLA-5602/DLI/2019 (Stay) FPA-PMLA-2878/DLI/2019
Rajbhushan Omprakash Dixit	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(41) MP-PMLA-5603/DLI/2019 (Stay) FPA-PMLA-2879/DLI/2019
Sterjet Infrastructure Company Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(42) MP-PMLA-5604/DLI/2019 (Stay) FPA-PMLA-2880/DLI/2019
Babita Fiscal Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019		Page 8 of 13

¶14

(43) MP-PMLA-5605/DLI/2019 (Stay) FPA-PMLA-2881/DLI/2019

¶15

Superplaza Exports Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(44) MP-PMLA-5606/DLI/2019 (Stay) FPA-PMLA-2882/DLI/2019
Saika Consultancy Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(45) MP-PMLA-5607/DLI/2019 (Stay) FPA-PMLA-2883/DLI/2019
Arshi Infotech Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Delhi	…	Respondent
(46) MP-PMLA-5608/DLI/2019 (Stay) FPA-PMLA-2884/DLI/2019
Stance Trading Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Delhi	…	Respondent
(47) MP-PMLA-5609/DLI/2019 (Stay) FPA-PMLA-2885/DLI/2019
Maxline Trading Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director Directorate of Enforcement, Delhi	…	Respondent
(48) MP-PMLA-5610/DLI/2019 (Stay) FPA-PMLA-2886/DLI/2019
Traub Automatices Pvt. Ltd.	…	Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Delhi	…	Respondent
FPA-PMLA-2829-2867/DLI/2019,
FPA-PMLA-2878-2892/DLI/2019		Page 9 of 13

¶16

(49) MP-PMLA-5611/DLI/2019 (Stay) FPA-PMLA-2887/DLI/2019

¶17

Fotosoft Multimedia Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (50) MP-PMLA-5612/DLI/2019 (Stay) FPA-PMLA-2888/DLI/2019 Niranwal Fintrade Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (51) MP-PMLA-5613/DLI/2019 (Stay) FPA-PMLA-2889/DLI/2019 Citypoint Trading Company Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (52) MP-PMLA-5614/DLI/2019 (Stay) FPA-PMLA-2890/DLI/2019 Chemfeb Process Technologies Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent (53) MP-PMLA-5615/DLI/2019 (Stay) FPA-PMLA-2891/DLI/2019 N.S. Investment Company Pvt. Ltd. … Appellant/Applicant Versus The Deputy Director Directorate of Enforcement, Delhi … Respondent

¶18

FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019

¶19

Page 10 of 13

¶20

(54) MP-PMLA-5616/DLI/2019 (Stay) FPA-PMLA-2892/DLI/2019
LSV Investment & Properties Pvt. Ltd.	… Appellant/Applicant
Versus
The Deputy Director
Directorate of Enforcement, Delhi	… Respondent

¶21

Advocates/Authorized Representatives who appeared

¶22

For the appellant	:	Ms. Sonia Mathur, Sr. Advocate Mr. Sankalp Sharma, Advocate Shri Hemant Shah, Advocate Shri Mushtak Salim, Advocate Shri Usman Khan, Advocate Shri Ravi P. Mall, Advocate Shri Sushil Dubey, Advocate Shri Noor Rampal, Advocate
For the Respondent	:	Shri Nitesh Rana, Advocate
CORAM JUSTICE MANMOHAN SINGH	:	CHAIRMAN
1	ORDER 1.02.201	9

¶23

FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019

¶24

The appellants have filed the above mentioned appeals against the impugned order dated 20^th November, 2018. Issue notice. Shri Nitesh Rana, accepts the notice on behalf of the respondent and seeks time to file the reply. Let the same be filed within six weeks with an advance copy to the counsel for the appellant who may file the rejoinder four weeks thereafter.

¶25

The learned senior counsel for the appellant is pressing for the interim order. One of the arguments of the learned senior counsel is that the impugned order passed by the Adjudicating Authority is infact the breach of the order passed by the Delhi High Court on 19^th November,

¶26

FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019

¶27

Page 11 of 13

¶28

In this context, the senior counsel has referred the grounds (dd) of

¶29

the appeal, the same is read as under:

¶30

“The learned Adjudicating Authority failed to comply with directions of Hon’ble Delhi High Court in case of Writ Petition No. 11775 of 2018 (order dated 15.11.2018) & Writ Petitions No. 12380/2018 and 12381/2018 (order dated 19/11/2018) served duly vide letter dated 19/11/2018 on the Learned Adjudicating Authority delivered on 20.11.2018. Such blatant disregard to the directions of Hon’ble High Court indicates that the Learned Adjudicating Authority was in haste to further the agenda of Respondent without application of mind.”

¶31

It is also submitted that the learned senior counsel for the appellant states that ED was the party in the said writ petitions filed by some of the appellants herein, thus awareness about the passing of the order on 19^th November, 2018 cannot be denied as ED was also duly represented by the counsel. It is also stated that when the Adjudicating Authority has passed the order, it was the duty of the ED by itself or through counsel to inform the Adjudicating Authority not to pass the final order until further directions of the High Court. It is contended on behalf of the appellant that factum of the order was informed to the Adjudicating Authority, who on 20^th November, 2018, without caring chosen to pass the impugned order. In view of the aforesaid fact, I am of the opinion that the Adjudicating Authority should have passed the impugned order but to await the further directions from the Hon’ble Delhi High Court, as it was the duty of both authorities to obey the order passed by the Hon’ble Bench of Delhi High Courts. They must give due respect to the order of higher courts.

¶32

The prayer sought by the appellant is opposed by Mr. Rana. The undertaking has been given on behalf of the appellant that they shall not dispose of the attached property directly or indirectly or to create third

¶33

party interest till the next date.

¶34

FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019

¶35

Page 12 of 13

¶36

Under these circumstances, it is directed that the attachment shall continue. None of the appellant shall create any third-party interest and not to dispose of the attached property directly or indirectly. However, no

¶37

physical possession shall be taken by the ED.

¶38

Copy of order be given “Dasti’ to all parties.

¶39

List on 1^st July, 2019.

¶40

(Justice Manmohan Singh) Chairman

¶41

New Delhi, 11^th February, 2019

¶42

‘D’

¶43

FPA-PMLA-2829-2867/DLI/2019, FPA-PMLA-2878-2892/DLI/2019

¶44

Page 13 of 13

FPA-PMLA-2849/DLI/2019 of Triangle Investment Co. Pvt. Ltd. v/s The Deputy Director Directorate of Enforcement, Delhi

Case brief

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FPA-PMLA-2849/DLI/2019 of Triangle Investment Co. Pvt. Ltd. v/s The Deputy Director Directorate of Enforcement, Delhi

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