2021 (2) TMI 1384

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....eeking urgent hearing of the appeal on the grounds mentioned therein. The same is considered and allowed. Accordingly, the application for urgent hearing is disposed of. FPA-PMLA-3889/JL/2021 3. Fresh appeal has been filed by the appellant under section 26 of the Prevention of Money Laundering Act, 2002 against the impugned order dated 23-12-2020 passed by the Adjudicating Authority. 4. Upon hearing, issue notice to the Respondent. Shri Atul Tripathi, the learned counsel for the Respondent accepts the notice and seeks six weeks time to file the reply to the appeal which is not objected by the learned counsel for the appellant. Let the reply to the appeal be filed within six weeks with an advance copy to be served on the other side ....

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....ndent maybe directed not to take possession of the property in view of the notice dated 19-1-2021 issued under section 8(4) of the PMLA, 2002. The appellant has made a statement that as on today the physical possession is with the appellant and the Respondent has not displayed/fixed any notice board also. The learned counsel for the appellant has made further statement that no writ petition is pending (filed by the appellant) before the Hon'ble High Court of Punjab & Haryana with regard to present proceedings. 7. On the other hand the learned counsel for the Respondent raised objections for grant of any stay/status quo order. It is contended by him that he could not get time to go through the papers as the same were sent to him yeste....