FPA-PMLA-3088/CHD/2019 of State Bank of India v/s The Deputy Director Directorate of Enforcement, Chandigarh
Case brief
What is this about?
Appellate Tribunal allowed a request to maintain status quo regarding attached property mortgaged with the State Bank of India, relying on prior orders from the Tribunal and the High Court in the Axis Bank matter. The Tribunal directed both parties to maintain status quo pending final disposal.
What did the court decide?
Opportunity granted to the counsel for the appellant; parties directed to maintain status quo in respect of the attached mortgaged property.