Partly allowed
FPA-PMLA-2897/MUM/2019 of Icici Bank Ltd. v/s The Deputy Director Directorate of Enforcement, Mumbai
ATFPFPA-PMLA-2897/MUM/2019
Case brief
AI extract
What is this about?
Tribunal condensed appeal delay and stayed operation of impugned order confirming provisional attachment of mortgaged/hypothecated properties, allowing resolution process to continue while prohibiting final disposal without permission.
What did the court decide?
Application for condonation of delay allowed. Interim order passed staying operation of impugned order confirming provisional attachment order, prohibiting final disposal of properties without Tribuna