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Issues: Whether the Appellate Tribunal could direct execution of its earlier order by transmitting it to the civil court having local jurisdiction, and whether the appellants were entitled to possession of the properties identified in the execution proceedings.
Analysis: The Tribunal recorded that its earlier final order had already released the attached properties in favour of the appellants and that the respondent's challenge had been dismissed by the High Court. It further noted that the properties covered by the execution proceedings were situated within the jurisdiction of the District and Sessions Court at Raigad-Alibag. Relying on the execution power under Section 35 of the Prevention of Money Laundering Act, 2002, the Tribunal treated the order as executable as a decree of a civil court and considered transmission to the competent local civil court to be the proper course for enforcement.
Outcome: The Registry was directed to transmit the order along with the original record to the District and Sessions Court, Raigad-Alibag, for execution, and the matter was listed for further proceedings on the remaining issues arising out of the execution petition.