Brief: 63 Moons Technologies Says Tribunal Released Co's Assets From Attachment By Enforcement Directorate

63 Moons Technologies

17/09/2019 10:26

Sept 17 (Reuters) - 63 Moons Technologies Ltd  63MO.NS :
    * PMLA APPELLATE TRIBUNAL RELEASED THE ASSETS OF 63 MOONS
FROM
ATTACHMENT BY THE ENFORCEMENT DIRECTORATE
    * TRIBUNAL, AFTER QUASHING ATTACHMENT ORDERS, HAS MADE IT
SUBJECT
TO FILING OF AN INDEMNITY BOND WITHIN A WEEK
    * TRIBUNAL RESTRAINED 63 MOONS FROM DEALING WITH RELEASED
ASSETS
TILL PENDENCY OF TRIAL OF LARGER ISSUES IN PMLA COURT
    * CO OF THE OPINION THAT PASSING THIS SORT OF RESTRAINT
ORDER &
SEEKING INDEMNITY BOND IS BEYOND THE POWER OF THE TRIBUNAL UNDER
THE PMLA
    * 63 MOONS WILL TAKE APPROPRIATE LEGAL RECOURSE AGAINST THIS
PART
OF THE ORDER

Source text for Eikon:  ID:nBSE5bg9sm 
Further company coverage:  63MO.NS 

 ((Reuters.Briefs@thomsonreuters.com;))