Disposed

FPA-PMLA-2896/CHN/2019 of M/s. Nathella Sampath Jawelry Pvt. Ltd. v/s The Deputy Director Directorate of Enforcement, Chennai & Ors.

ATFP5 Dec 2019FPA-PMLA-2896/CHN/2019

Case brief

AI extract

What is this about?

The Acting Chairman listed several appeals filed by financial institutions and a jewelry company against the Deputy Director of Enforcement. The court directed the Resolution Professional to file a copy of the liquidation application and relief sought before the Tribunal within four weeks. Hearing was adjourned to February 25, 2020.

What did the court decide?

Directed Resolution Professional to file liquidation application copy and pray for relief within four weeks. Appeals listed for hearing on 25.02.2020.

FPA-PMLA-2896/CHN/2019 of M/s. Nathella Sampath Jawelry Pvt. Ltd… — Money Laundering | ATFP (2019)

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APPELLATE TRIBUNAL, PREVENTION OF MONEY LAUNDERING ACT AT NEW DELHI

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1. MP-PMLA-5887/CHN/2019 (Stay) MP-PMLA-5888/CHN/2019 (Stay) & FPA-PMLA-2975/CHN/2019
State Bank of India	…	Appellant
Versus
The Deputy Director
Directorate of Enforcement, Chennai & Ors.	…	Respondents
2. MP-PMLA-5856/CHN/2019 (E.H.) MP-PMLA-5626/CHN/2019 (Stay) & FPA-PMLA-2896/CHN/2019
M/s. Nathella Sampath Jawelry Pvt. Ltd.	…	Appellant
Versus
The Deputy Director
Directorate of Enforcement, Chennai & Ors.	…	Respondents
3. MP-PMLA-5859/CHN/2019 (Exem.) MP-PMLA-5858/CHN/2019 (Stay) & FPA-PMLA-2960/CHN/2019
Yes Bank Ltd.	…	Appellant
Versus
The Deputy Director
Directorate of Enforcement, Chennai & Ors.	…	Respondents

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Advocates/Authorized Representatives who appeared

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For the Appellant (SBI)	:	Mr. Chandrachur Bhattacharyya, Advocate
For the Appellant no. 2	:	Mr. Rajendra Beniwal, Advocate Mr. Kumar Sumit, Advocate
For the Appellant no. 3	:	Ms. Aarushi Singh & Ms. Riya Arora, Advocate
For the Respondent No. 1 (ED)	:	Mr. S. K. Sharma, Advocate

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Page 1 of 2

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FPA-PMLA-2975/CHN/2019, FPA-PMLA-2896/CHN/2019 & FPA-PMLA-2960/CHN/2019

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CORAM SHRI G.C. MISHRA : ACTING CHAIRMAN

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ORDER 05.12.2019

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FPA-PMLA-2975/CHN/2019, FPA-PMLA-2896/CHN/2019 & FPAPMLA-2960/CHN/2019

¶10

Both sides are present. The ld. Counsel for the appellants in Appeal Nos. 2960/CHN/2019 & 2975/CHN/2019 and counsel for Resolution Professional in Appeal No. 2896/CHN/2019 are present. The counsel for the respondent is yet to file the written submission in either of the matters. The counsel appearing on behalf of Resolution Professional in Appeal No. 2896/CHN/2019 submits that he has already move National Company Law Tribunal for liquidation. Let him file the copy of the said application along with an application praying therein what relief is sought by the Resolution Professional before this Tribunal in the given circumstances within four weeks.

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List the appeals for hearing on 25^th February, 2020.

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(G.C. Mishra) Acting Chairman

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New Delhi, 5^th December, 2019

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‘K’

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Page 2 of 2

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FPA-PMLA-2975/CHN/2019, FPA-PMLA-2896/CHN/2019 & FPA-PMLA-2960/CHN/2019

FPA-PMLA-2896/CHN/2019 of M/s. Nathella Sampath Jawelry Pvt. Ltd. v/s The Deputy Director Directorate of Enforcement, Chennai & Ors.

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FPA-PMLA-2896/CHN/2019 of M/s. Nathella Sampath Jawelry Pvt. Ltd. v/s The Deputy Director Directorate of Enforcement, Chennai & Ors.

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