The Appellate Tribunal heard physical arguments in five appeals filed by banking institutions against the Special Director. A request for adjournment for one appellant was allowed. The remaining appeals were later listed for further arguments on January 18, 2021.
This page shows the compact analysis of this judgement. The full analysis — procedural history, issue-by-issue holdings with ratio and obiter, advocates, and paragraph-level evidence for every claim — is being added to the record in batches and will appear here when this judgement has been through it.
APPELLATE TRIBUNAL FOR SAFEMA, FEMA, PMLA, NDPS & PBPT ACT AT NEW DELHI
| 1. FPA-FE-58/MUM/2009 M/s. South Indian Bank |
… | Appellant |
|---|---|---|
| Versus | ||
| The Special Director Directorate of Enforcement, Mumbai |
… | Respondent |
| 2. FPA-FE-59/MUM/2009 M/s. State Bank of Hyderabad |
… | Appellant |
| Versus | ||
| The Special Director Directorate of Enforcement, Mumbai |
… | Respondent |
| 3. FPA-FE-62/MUM/2009 M/s. Bank of Bikaner & Jaipur |
… | Appellant |
| Versus | ||
| The Special Director Directorate of Enforcement, Mumbai |
… | Respondent |
| 4. FPA-FE-65/MUM/2009 M/s. Dena Bank |
… | Appellant |
| Versus | ||
| The Special Director Directorate of Enforcement, Mumbai |
… | Respondent |
| & | ||
| 5. FPA-FE-66/MUM/2009 M/s. UCO Bank |
… | Appellant |
| Versus | ||
| The Special Director Directorate of Enforcement, Mumbai |
… | Respondent |
Advocates/Authorized Representatives wh |
o app | eared |
| For the Appellant No. 1 : Mr. : Mr. Ms. |
Mad Adit Riya |
hav Khurana, Advocate ya Mukherjee, Mr. Satya Jha, Arora, Advocates. |
| For the Appellant No. 2 : Mr. Mr. Mr. |
A. K Bud Bha |
. Panda, Sr. Advocate dy A. Ranganadhan, AN Adv. raadsule on behalf of SBI |
| For the Appellant No. 3 : Mr. |
A.V. | Rangam, Adv.Mr. |
| For the Appellant No. 4 : Non |
e | |
| For the Appellant No. 5 : Non |
e |
FPA-FE-58-59/MUM/2009, FPA-FE-62/MUM/2009 & FPA-FE-65-66/MUM/2009
Page 1 of 2
For the Respondent : Mr. Rajeev Awasthi, Advocate CORAM SHRI G.C. MISHRA : ACTING CHAIRMAN
ORDER 11.01.2021
FPA-FE-58, 59, 62, 65 & 66/MUM/2009
The matters are taken up through physical hearing on the request of ld. counsel for the respondent.
Mr. Madhav Khurana, ld. counsel for the M/s. South Indian Bank has argued the matter partly.
An adjournment letter has been received from Mr. Arpan Wadhawan, seeking time on the ground that the arguing senior counsel for M/s Dena Bank is unable to attend the physical hearing of the appeal due to reasons stated therein. The same is considered and allowed.
With the consent of both the parties, list the appeal at sr. no. 1 i.e. M/s. South Indian Bank on 18th January, 2021 for further arguments. List the other appeals at sr. nos. 2 to 5 also on the same date.
(G.C. Mishra) Acting Chairman
New Delhi, 11th January, 2021 S
FPA-FE-58-59/MUM/2009, FPA-FE-62/MUM/2009 & FPA-FE-65-66/MUM/2009
Page 2 of 2
M/s. South Indian Bank
The Special Director
M/s. State Bank of Hyderabad
M/s. Bank of Bikaner & Jaipur
M/s. Dena Bank
M/s. UCO Bank
G.C. Mishra
As recorded by the court registry
16 orders share this CNR
Judgements on the same questions, provisions and authorities, from every court
