2024 (1) TMI 1122

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....oria, AOR Mr. Vivek Gupta, Adv. Mr. Rajat Nair, Adv. Mr. Kanu Agarwal, Adv. Mr. Padmesh Mishra, Adv. Mr. Arkaj Kumar, Adv. Mr. Zoheb Hussain, Adv. Mr. K. Parmeshwaran, Adv. For the Respondent :  Mr. Siddharth Aggarwal, Sr. Adv. Mr. Gyanendra Kumar, Adv. Mr. Soumya Dasgupta, Adv. Mr. Aviral Singhal, Adv. Mr. Vishwajeet Singh, Adv. For M/S. Cyril Amarchand Mangaldas Aor, AOR ORDER 1. Hear....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ssed by the Prevention of Money Laundering Appellate Tribunal. It is not in dispute that the Fixed Deposits submitted by the respondent have been encashed by the appellant and the entire amount covered by the Fixed Deposits has been invested by the appellant in a Fixed Deposit. 4. The learned senior counsel appearing for the respondent submits that in the event, the appellant ultimately fails in ....