FPA-FE-95/MUM/2010 of M/s. Beautiful Diamonds v/s The Special Director Directorate of Enforcement, Mumbai
Case brief
What is this about?
A number of appeals filed before the Appellate Tribunal for FEMA, PMLA, etc. were adjourned due to the COVID-19 pandemic and associated suspension of tribunal functioning. A Registrar's order clarifies that any stay/status quo orders remain in effect until the next hearing date.
What did the court decide?
Matters adjourned to 20th April, 2021. Interim stay/status quo orders, if any, will continue until the next date of hearing.