ORDER

30/11/2023

This appeal has been filed under section 26 of the Prevention of Money Laundering Act, 2002 (Act of 2002) to challenge an interim order passed by Adjudicating Authority on 29.09.2023. By the impugned order, four applications preferred by the appellant have been decided.

2. The learned counsel for the appellant submitted that thirteen F.I.Rs were registered in the year 2013 to 2020 by certain allottees of two separate residential projects undertaken by the company namely M/s IREO Private Limited and M/s IREO Fire River Private Limited. The appellant was not named in the FIR. The respondent, Enforcement Directorate recorded ECIR on 15.06.2021 in reference to those 13 FIRs, where also appellant was not named as an accused.

3. The prosecution complaint was also filed. The appellant was not shown to be an accused therein. However, in pursuance to the authorization under section 17 (1) of the Prevention Of Money Laundering Act, 2002, herein called Act officers of the Enforcement Directorate conducted search at several places. They seized several documents, records and the property of the appellant without verifying the source of acquisition of properties. The appellant accor