TMI Blog2020 (6) TMI 89X X X X Extracts X X X X X X X X Extracts X X X X ..... action by respondents Nos. 2 and 3, subject to verification by the concerned respondents of the list of employees and the amounts due (towards all heads of permitted payouts), for which purpose the petitioners shall furnish to respondent No. 3 a list of employees to whom salaries/bonus/reimbursements are required to be paid, to enable the respondents to verify the same, which verification will be done by the respondents with 7 days of such list being furnished. Payouts are being permitted only towards the above heads/ purposes and not any of the other heads indicates/tabulated in the petitions. If the respondents have any doubt as to the employee/s and/or the dues payable, they shall communicate the same to the petitioners ; and no disbu ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... impugn orders dated 30.04.2020 and 05.05.2020 made by respondents Nos. 2 and 3 freezing the petitioners bank accounts in pursuance of proceedings under the Prevention of Money Laundering Act 2002 ( PMLA for short). 3. Briefly, it is stated that M/s DOIT Enterprises India Private Limited, now known as DOIT Urban Ventures (India) Pvt. Ltd. ( DOIT for short), owned by one Rana Kapoor/his family, holds 60% stake in M/s. NCUBE Planning and Design Private Limited ( NCUBE for short) ; and that M/s Petra Asset and Facility Management Private Limited and M/s. PAFM Security Solutions Private Limited are stepdown subsidiaries of NCUBE. Respondents Nos. 2 and 3 allege that by reason of proceedings initiated against Rana Kapoor, his family member ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... before the next date of hearing. 10. Mr. Mahajan points-out at the outset that in a matter arising from the same proceedings and the same attachment order, being W.P.(C) No. 3083/2020 titled M/s Art Housing Finance( India) Limited vs. Directorate of Enforcement Ors., in which similar prayers were made by the petitioner in that case, a Co-ordinate Bench of this court has made the following order dated 13.05.2020 on the interim relief that was prayed for : In so far as CM. No. 10720/2020 is concerned, Mr. Luthra states, even though the prayer made in this application is for staying the operation of the order freezing the petitioner company s bank accounts/FDRs held with HDFC Bank, Pocket 2, OFC, Sector C, Vasant Kunj, New Delhi Bra ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rder dated 13.05.2020 extracted above, so long as they are permitted to discharge their dues towards salaries and other reimbursements of their employees, as also their statutory obligations. 12. Mr. Sibal points-out that the dues that petitioners wish to discharge are set-out in tabulated form in the petitions, inter alia at page No. 22 of W.P.(C) No. 3149/2020. 13. After considering the submissions made, at this stage, the petitioners are permitted : (a) to discharge their liabilities towards salaries, bonus and reimbursements payable to their employees ; (b) to make payments towards provident fund, professional tax, TDS on salaries and TDS on non-salary payouts from the bank accounts (including fixed deposits) that are sub ..... X X X X Extracts X X X X X X X X Extracts X X X X
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