FEMA amp; BANKING : Where appellant had been served with eviction notice under section 8(4) directing appellant to vacate and handover peaceful possession of property attached under PMLA, since property in question was hypothecated to IBHFL and was also mortgaged to IDBI parties were directed to maintain status quo till next hearing and properties would remain in possession of appellant subject to condition that attachment would continueFEMA amp; BANKING : Where appellant had been served with eviction notice under section 8(4) directing appellant to vacate and handover peaceful possession of property attached under PMLA, since property in question was hypothecated to IBHFL and was also mortgaged to IDBI parties were directed to maintain status quo till next hearing and properties would remain in possession of appellant subject to condition that attachment would continuewww.taxmann.com Latest Case LawsRead More
