ORDER

10.03.2025

The batch of appeals have been filed involving common legal issues and otherwise facts of different appeals are inter- mixed though the impugned orders dated 30.10.2018 and 31.10.2018 are on separate references sent by the Initiating Officer. The parties prayed for a common order in all the appeals. It is not only for the reason that facts are intermixed in the appeals but it involves common question of law. According to the respondent, even the modus operandi applied for benami transaction by the appellant is also common. The transaction in pursuance to which allegations have been made against the appellants for benami transaction is of the period of demonetization of the currency note of Rs. 500/- and Rs.1000/- by the Government of India. The common allegation against the appellants is for their involvement to get demonetized money deposited in the bank accounts of people having no means for the total value of more than Rs. 35 crores and accordingly the prayer of the counsel for the parties to pass a common order has been accepted.

It is a case where initially a notice was issued by the Initiating Officer under Section 24(1) of the Act of 1988 to Yogesh Baburao More