2018 (9) TMI 1840 - AT - Money Laundering

Appeal dismissed for non prosecution - HELD THAT - No one appears for the appellants. Learned counsel for the respondent stated that as per their information no pre-deposit has been made pursuant to the order of the Appellate Tribunal dated 20th November, 2014. It is seen that way back in December, 2014, the appellant had sent a letter to the tribunal stating that they have filed a civil miscellaneous application in the Madras High Court against the said Tribunal order. Thereafter, they have neither appraised the further developments, nor have been appearing ever since, before the Tribunal whenever it has been listed for hearing. In fact, in the last three years, they have not appeared on more than thirteen occasions. Therefore, feel that they are not interested in pursuing the appeals any further. All the above two appeals are dismissed for non prosecution

Summary

The Appellate Tribunal for SAFEMA, FEMA, PMLA, NDPS, PBPT Act in New Delhi dismissed two appeals (FPA-FE-169 & 170/CHN/2010) due to non-prosecution by the appellants. The appellants did not make the required pre-deposit and failed to follow up on their case, leading to the dismissal of the appeals.