SAFEMA Tribunal Remands Neetu Gupta Attachment Case for a Speaking Order

In Neetu Gupta Vs Deputy Director, the Appellate Tribunal under SAFEMA at New Delhi set aside an order of the Adjudicating Authority that had confirmed a Provisional Attachment Order (PAO) under the Prevention of Money Laundering Act, 2002 (the "Act of 2002"). The appeal was brought under Section 26 of that Act against the order dated 29.07.2025. The Tribunal found that the order did not record reasoned findings on the appellant's specific contentions and returned the matter for fresh adjudication.

Facts Recorded by the Tribunal

The appellant is the wife of Late Shri Bharat Bhushan Roshanlal Gupta, who was associated with M/s Spectra Industries Limited along with other partners.