2026 (2) TMI 1157

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....ging the order dated 26th May, 2025 passed by the learned Appellate Tribunal under SAFEMA in FPA-PMLA-1885/HYD/2024, by which the learned Appellate Tribunal has been pleased to dismiss the appeal filed by the appellant against the attachment order dated 20th October, 2023 passed by the learned Adjudicating Authority under the PMLA, as being barred by limitation. 2. The learned counsel appearing for the respondent has raised a preliminary objection on the maintainability of the present appeal before this Court, stating therein that no part of cause of action has arisen in Delhi, and the appellant is a resident of Kolkata and works for gain in Kolkata. Therefore, in terms of Explanation (a) attached to Section 42 of the PMLA, the appeal wo....

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....High Court.-Any person aggrieved by any decision or order of the Appellate Tribunal may file an appeal to the High Court within sixty days from the date of communication of the decision or order of the Appellate Tribunal to him on any question of law or fact arising out of such order: Provided that the High Court may, if it is satisfied that the appellant was prevented by sufficient cause from filing the appeal within the said period, allow it to be filed within a further period not exceeding sixty days. Explanation.--For the purposes of this section, "High Court" means-- (i) the High Court within the jurisdiction of which the aggrieved party ordinarily resides or carries on business or personally works for gain; ....

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....als LLP is marked and annexed herewith as Annexure-15. Further the copy of the partnership deed dated 16.08.2021 showing that the Appellant herein is a partner in M/s Stellar insolvency LLP is marked and annexed herewith as Annexure-16." 12. As far as reliance on the appellant being a partner in the firm, that is M/s Stellar insolvency LLP, the appellant has himself annexed a copy of the partnership deed, according to which, the partnership is registered at Kolkata. In terms of clause 6.1, the registered office address of the said partnership firm is in Kolkata and so is its principal place of business. While clause 6.2 states that it may have various branch offices, in our view, the ordinary place of business of the firm is again at Kol....