Il And Fs Financial Services Limited v. Deputy Director, Directorate Of Enforcement And ORS

WAKLE MANOJ JANARDHAN Manoj 2-APEAL-907-2025.doc WAKLE MANOJ JANARDHAN Date: 2025.09.16 12:01:50 +0530

IN THE HIGH COURT OF JUDICATURE AT BOMBAY

CRIMINAL APPELLATE JURISDICTION CRIMINAL APPEAL NO.907 OF 2025 IL & FS Financial Services Ltd.

...Appellant Vs.

Deputy Director, Directorate of Enforcement & Ors.

...Respondents

------ Mr. Aniruddh Gambhir a/w Adv. Niket Mehta i/by Cyril Amarchand Mangaldas, for the Appellant.

Mr. Pranav Badhera, Senior Advocate, a/w Adv. Manavendra Mishra, Adv. Royden Fernandes, Adv. Amol Jhunjhunwala & Adv. Parimal Kaushik i/by Khaitan & Co. for the Respondent No.2.

Ms. Sangita Phad, APP for the State.

------ CORAM : SARANG V. KOTWAL & SHYAM C. CHANDAK, JJ.

DATED : 15th SEPTEMBER, 2025 P.C. :- 1) This Appeal is filed against the Order dated 25th June, 2025 passed by Designated Special Court under the PML Act, 2002 in PMLA Special Case No.6 of 2019.

2) The Learned Counsel for the Respondent No.2 raised the preliminary objection that the Appeal would not lie against the impugned Order.

3) Learned Counsel for the Appellant fairly concedes to this legal position. He seeks permission to withdraw this Appeal and to adopt appropriate legal proceedings in accordance with law. 1/2

Manoj 2-APEAL-907-2025.doc 4) To that course of action, learned Counsel for the Respondent No.2 does not have any objection.

5) Considering both these submissions, the Appeal is allowed to be withdrawn with liberty to the Appellant to adopt appropriate proceedings in accordance with law.

6) Appeal is disposed of in the aforesaid terms. (SHYAM C. CHANDAK, J.) (SARANG V. KOTWAL, J.) 2/2