FPA-PMLA-359/HYD/2012 of D.V.S. Subba Raju v/s The Deputy Director Directorate of Enforcement, Hyderabad
Case brief
What is this about?
The Appellate Tribunal adjourned multiple applications relating to the Prevention of Money Laundering Act, effective 13 January 2021, due to the COVID-19 pandemic. The Tribunal clarified that any interim order of stay or status quo would continue until the next hearing.
What did the court decide?
Adjudication adjourned to 13 January 2021; interim order of stay/status quo to continue.