Disposed

FPA-PMLA-691/AHD/2014 of Ms. Poonam K. Gupta, Indian Commodity Exchange Limited v/s The Deputy Director Directorate of Enforcement, Ahemdabad

ATFP9 Jan 2020FPA-PMLA-691/AHD/2014

Case brief

AI extract

What is this about?

The Tribunal listed applications for impleadment of Indian Commodity Exchange Limited as a respondent and granted ED four weeks to file replies, noting related Supreme Court proceedings.

What did the court decide?

Four weeks granted to ED to file reply to impleadment applications; applications listed for next date.

What the court decided

FPA-PMLA-691/AHD/2014 of Ms. Poonam K. Gupta, Indian Commodity… — Money Laundering | ATFP (2020)

¶1

APPELLATE TRIBUNAL, PREVENTION OF MONEY LAUNDERING ACT AT NEW DELHI

¶2

1. MP-PMLA-6194/AHD/2019 (E.H.)
MP-PMLA-5524/AHD/2019 (Misc.)
MP-PMLA-4711/AHD/2018 (Misc.)
MP-PMLA-4659/AHD/2018 (Misc.)
MP-PMLA-4616/AHD/2018 (Misc.)
MP-PMLA-4396/AHD/2018 (A.D.)
MP-PMLA-3939/AHD/2017 (Misc.)
MP-PMLA-2933/AHD/2016 (Misc.)
MP-PMLA-2934/AHD/2016 (A.D.)
FPA-PMLA-610/AHD/2014
M/s. Neptune Overseas Ltd.	… Appellant
2. MP-PMLA-6195/AHD/2019 (E.H.)
MP-PMLA-5525/AHD/2019 (Misc.)
MP-PMLA-4397/AHD/2018 (A.D.)
MP-PMLA-3940/AHD/2017 (Misc.)
MP-PMLA-2935/AHD/2016 (Misc.)
MP-PMLA-2936/AHD/2016 (A.D.)
FPA-PMLA-615/AHD/2014
M/s. Neptune Overseas Ltd.	… Appellant
&

¶3

3. MP-PMLA-6196/AHD/2019 (E.H.) MP-PMLA-5526/AHD/2019 (Misc.) MP-PMLA-2937/AHD/2016 (Misc.) MP-PMLA-2938/AHD/2016 (Misc.) MP-PMLA-1258/AHD/2016 (A.D.) FPA-PMLA-691/AHD/2014 Ms. Poonam K. Gupta	… Appellant
Indian Commodity Exchange Limited	… Applicant
Versus
The Deputy Director Directorate of Enforcement, Ahemdabad	… Respondent

¶4

Advocates/Authorized Representatives who appeared

¶5

For the Appellants	:	Ms. Pallavi Chopra, Advocate
For the Applicant	:	Mr. N.K. Pahwa, Senior Advocate
		Mr. Mohit D. Ram, Advocate
For the Respondent (ED)	:	Mr. Atul Tripathi, S.P.P.

¶6

FPA-PMLA-610/AHD/2014, FPA-PMLA-615/AHD/2014 & FPA-PMLA-691/AHD/2014

¶7

Page 1 of 3

¶8

CORAM SHRI G. C. MISHRA

¶9

: ACTING CHAIRMAN

¶10

ORDER 09.01.2020

¶11

MP-PMLA-5524-5526/AHD/2019 (Misc.)

¶12

Ms. Pallavi Chopra, learned counsel for the appellants is present. Shri Naveen Pahwa, learned senior counsel for the proposed applicant “Indian Commodity Exchange Limited” is present alongwith Shri Mohit D. Ram, learned counsel. Shri Atul Tripathi, learned counsel for the respondent is also present. The learned counsels for both the parties i.e. apellants as well as proposed respondent submit that the appeal which was pending before the Securities Appellate Tribunal has been disposed of against which the applicant preferred a Civil Appeal No(s). 9037/2019 before the Hon’ble Supreme Court of India wherein the order of status quo , only with regard to that portion of the impugned order which is against the proposed respondent i.e. Indian Commodity Exchange Limited.

¶13

During the course of hearing, it is pointed out that the application for impleadment of Indian Commodity Exchange Limited is still pending. It is contended by the learned counsel for the appellants that they have already filed reply to the said applications but the reply from the side of the ED is yet to come. The ED is given four weeks time to file the reply to the impleadment applications with an advance copy to be served on the proposed respondents. Let the same be filed within four weeks.

¶14

The appellants are granted liberty to file the copy of the order dated 18.10.2019 passed by Hon’ble Securities Appellate Tribunal in appeal no 96 of 2018, the same is taken on record. The digitally certified copy of the order dated 02.12.2019 passed by the Supreme Court of India is also taken on record.

¶15

FPA-PMLA-610/AHD/2014, FPA-PMLA-615/AHD/2014 & FPA-PMLA-691/AHD/2014

¶16

Page 2 of 3

¶17

List the applications for impleadment of the proposed respondent

¶18

as a respondent on the next date.

¶19

List on 06^th May, 2020.

¶20

(G. C. Mishra) Acting Chairman

¶21

New Delhi, 09^th January, 2020

¶22

‘AS’

¶23

FPA-PMLA-610/AHD/2014, FPA-PMLA-615/AHD/2014 & FPA-PMLA-691/AHD/2014

¶24

Page 3 of 3

FPA-PMLA-691/AHD/2014 of Ms. Poonam K. Gupta, Indian Commodity Exchange Limited v/s The Deputy Director Directorate of Enforcement, Ahemdabad

Case brief

What is this about?

What did the court decide?

What the court decided

FPA-PMLA-691/AHD/2014 of Ms. Poonam K. Gupta, Indian Commodity Exchange Limited v/s The Deputy Director Directorate of Enforcement, Ahemdabad

Case brief

What is this about?

What did the court decide?

What the court decided

A compact analysis

Parties & counsel

Coram

Case details

All orders in this case

Similar cases