FPA-PMLA-2865/DLI/2019 of Shripal Infrastructure v/s The Deputy Director Directorate of Enforcement, Delhi
ATFPFPA-PMLA-2865/DLI/2019
Case brief
AI extract
What is this about?
The Appellate Tribunal heard multiple appeals challenging an impugned order of the Adjudicating Authority. The appellant argued that the Adjudicating Authority violated directions of the Delhi High Court by passing the order on 20th November 2018, contrary to the High Court order of 19th November 2018. The respondent was given time to file a reply. The Tribunal directed the continuation of property attachment while prohibiting the ED from taking physical possession or creating third-party interests.
What did the court decide?
Attachment of property to continue; ED prohibited from taking physical possession or creating third-party interest in attached property.