ORDER

11.12.2025

By a batch of these appeals under Section 26 of the Prevention of Money Laundering Act, 2002 (in short `the Act of 2002’), a challenge has been made to the order dated 10.05.2023 passed by the Adjudicating Authority confirming the Provisional Attachment Order dated 05.12.2022. The provisional attachment was caused for immovable properties of the appellants, finding their involvement in money laundering. Before we refer to the arguments of the respective parties, it would be relevant to give brief facts of the case:

Brief facts of the case:

2. It is a case where an FIR was registered on 20.05.2017 u/s 406, 420, 506 r/w 34 of IPC, 1860 and section 5 of Telangana Deposits of Financial Establishments Act, 1999 and section 4 and 5 of the A.P. Protection of Depositors of Financial Establishments Act, 1999 against Smt. Nowhera Shaik, M/s Heera group of companies and related others. After completing the investigation, chargesheet was filed by WCO, A-Division central crime station, detective department, Hyderabad, Telangana against Nowhera Shaik, Biju Thomas, Molly Thomas, Shaik Abubakar, Khamar Jahan Shaik, Mubarak Jan Shaik. Shaik Naheena, Shaik Mohammad Ashraf, Shaik Ismail,