Dismissed
FPA-PMLA-2854/DLI/2019 of Osmund Properties Pvt. Ltd. v/s The Deputy Director Directorate of Enforcement, Delhi
ATFPFPA-PMLA-2854/DLI/2019
Case brief
AI extract
What is this about?
In a series of matters under the PMLA, the Appellate Tribunal for FEMA, SEBI, PMLA, NDPS & PBPT addressed appeals against attachment orders. The Tribunal refused an interim stay on attachments, holding that the Adjudicating Authority's violation of the Delhi High Court's stay order did not warrant suspending the administrative action. Instead, the attached assets remain subject to the high court's restrictions.
What did the court decide?
Attachment to continue; no disposal of property; no third-party interest; no physical possession by ED; copy given dasti.