$~67 to 69 * IN THE HIGH COURT OF DELHI AT NEW DELHI + W.P.(C) 16598/2025 Date of Decision: 23.03.2026 IN THE MATTERS OF:

PANKAJ GUPTA .....Petitioner Through: Mr. Prashant Pandey, Ms Akshita Chand, Mr Karan Kumar Advocates.

versus ENFORCEMENT DIRECTORATE THR ADDITIONAL DIRECTOR .....Respondent Through: Mr. Vivek Gurnani, Advocate.

+ W.P.(C) 16631/2025 SHASHANK SRIVATSAVA .....Petitioner Through: Mr. Prashant Pandey, Ms Akshita Chand, Mr Karan Kumar Advocates.

versus ENFOCEMENT DIRECTORATE THR ADDITIONAL DIRECTOR .....Respondent Through: Mr. Vivek Gurnani, Advocate.

AND + W.P.(C) 16691/2025 LATE DALIP SRIVATSAVA .....Petitioner Through: Mr. Prashant Pandey, Ms Akshita Chand, Mr Karan Kumar Advocates.

versus ENFORCEMENT DIRECTORATE THR ADDITIONAL DIRECTOR .....Respondent Through: Mr. Vivek Gurnani, Advocate.

CORAM:

HON’BLE MR. JUSTICE PURUSHAINDRA KUMAR KAURAV

JUDGEMENT

PURUSHAINDRA KUMAR KAURAV, J. (ORAL)

1. The petitioners seek to challenge the order dated 01.07.2025 passed by the Appellate Tribunal, Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 (“SAFEMA”), whereby the applications filed by the petitioners for waiver of pre-deposit of penalty amounts have be