Summary:
These properties belong to the DSK Developers Limited (DSKDL), a listed company, in which the shareholders have the first stake. Issues of conflict are bound to arise from the attachment by two different agencies,” he added.Special public prosecutor Pravin Chavan told TOI, “The depositors’ wait may get prolonged only to the extent of the period for transfer of files from the Pune court to the PMLA court as and when such situation arises. A team of SFIO officials is supposed to interrogate DSK, his wife, Hemanti, their son, Shirish, and five others arrested accused in the Yerawada jail on February 18 and 19. They said all cases against DSK group, in Pune or elsewhere, may get transferred in due course to the designated PMLA court in Mumbai.The ministry of company affair’s Serious Fraud Investigation Office (SFIO), which is probing the DSK group for violation of Company Law provisions, also has the powers to attach properties. Till then, the Pune court will continue to hear the matter and there won’t be any impact on the proceedings here.”He said, “The ED has provisionally attached almost the same properties (barring a Rs22 crore property in the US and four-five other properties of Shirish) the state attached under the MPID Act..