TaxTMI 
TaxTMI 
2025 (12) TMI 1898
X X X X Extracts X X X X
X X X X Extracts X X X X
....rivate Limited, 3) M/s Heera Foodex Private Limited, 4) M/s Diamond Gold Trading Private Limited, 5) M/s Almas Retail Trading Private Limited, 6) M/s Heera Ice Drop Private Limited, 7) M/s Heera Jewellers, 8) M/s Heera Haj Services Private Limited, 9) M/s Heera News Media Private Limited, 10) M/s Heera Gold Foodex Private Limited, 11) M/s HG Gold Private Limited, 12) M/s Mannan Educational Society, 13) M/s Women Empowerment Society, 14) M/s Heera Export and Imports, 15) M/s Suvan Technology Solutions India Private Limited. 2.1. It is the case of petitioners that a complaint was lodged under Sections 44 and 45 read with Sections 3,4, 8(5),70 of Prevention of Money Laundering Act, 2002 (for short, the Act'), based on which, the Assista....
X X X X Extracts X X X X
X X X X Extracts X X X X
....Respondents 2 to 4 are initiating action and hurrying to sell the properties of petitioners by violating the provisions of the Act as well as misleading the Hon'ble Supreme Court directions. It is stated, without following ary procedure and without obtaining confiscation order from the trial Court, they sold away properties worth Rs. 82 crores. It is also the case of petitioners that the authorities are misrepresenting the Hon'ble Apex Court order dated 05.03.2025 in Miscellaneous Application No. 2227 of 2024 in Writ Petition (Criminal) No. 31 of 2020 wherein they filed withdrawal memo and the same is pending. 2.5. In the meanwhile, it is stated, respondent authorities have initiated auction proceedings dated 15.12.2025 impugned ....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... go ahead with the auctioning of all the attached properties so as to try to recover the maximum amount possible. We direct the accused not to indulge in any further business transaction; she shall not issue any advertisement of any kind. If it is brought to our notice that any further advertisement has been issued in her name or in the name of any other person or any of her family members or through any of her company that by itself will be sufficient for this Court to close this matter and send her back to Jail. It appears that people are being mislead and lured in all such business ventures, which are being advertised by the accused. We may also have to impose a condition by which she may have to leave the State itself ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....211 of Tolichowki Village, Shaikpet Mandal, Hyderabad." Today also, we make ourselves very clear and reiterate that the ED shall proceed further with the attachment of all the properties owned by the accused and put them to auction in accordance with law. ........ Insofar as freezing of the accounts is concerned, the learned counsel appearing for the ED shall furnish the necessary details of the accounts on the next date of hearing We request Mr. Venkatesh to file affidavit duly affirmed by a responsible officer of ED highlighting in what manner those four flats have been sold to third parties. At this stage, Mr. Venkatesh pointed out that he has already placed the necessary information in this regard on ....
X X X X Extracts X X X X
X X X X Extracts X X X X
....e submission made by learned Standing counsel for respondents, it is observed that since the matter has been seized before the Hon'ble Apex Court and was listed after twelve weeks, this Court is not inclined to grant any relief and the Writ Petition was dismissed. According to learned Standing counsel, these facts were not brought to the notice of this Court by petitioners, hence, the Writ Petition may be dismissed. 3.4. It is also stated, several other Writ Petitions including Writ Petitions No. 25234 and 24476 of 2025 were filed with regard to the properties belonging to petitioner group. 4. Heard Sri Samala Ravender, learned counsel for petitioners. 5. From a perusal of the material on record and from the submissions made by....