TaxTMI 
TaxTMI 
2018 (10) TMI 37
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..... The present matter has been taken up on the joint mentioning of the learned counsel for the parties. 2. The petitioner has filed an application for early hearing (bearing No. CM 3003/2018) which was disposed of on 30.07.2018 as the early hearing was not feasible. However, after the order was passed, the learned counsel for the parties had mentioned the petition and requested that the matter be ....
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....Jalsa Mall). The said attachment order was confirmed by an order dated 14.03.2017 passed by the Adjudicating Authority in terms of Section 8 of the PMLA. The said order is also impugned in this petition. In addition, the petitioner also impugns an order dated 24.03.2017 for eviction from the property in question (Jalsa Mall) passed under Section 8 (4) of the PMLA. 6. The petitioner claims that it....
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....e petitioner company and the balance 45% would belong to DAPL. 7. It is stated that the DAPL could not complete the said project and the petitioner entered into a joint venture agreement with M/s Innovative Build Estate Pvt. Ltd. by forming a Special Purpose Vehicle (SPV) in the name of Jalsa Infrastructure Pvt. Ltd. Both the joint venture partners were entitled to 50% shares of the SPV. 8. It i....
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....nsel appearing for the respondent also confirms that the Enforcement Director has verified the above mentioned facts, as stated in the affidavit, and nineteen shops belonging to DAPL are vacant and available. There is also no dispute that the applicability of the impugned orders has to be restricted to the properties owned and in possession of DAPL. 13. In view of the above, the orders dated 30.0....