FINAL ORDER

11.12.2025

This Order disposes of the Appeal No. FPA-PMLA-3266/JP/2019 filed by The Deputy Director, Directorate of Enforcement, Jaipur, against the Order dated 30.08.2019 (Impugned Order) passed by the Ld. Adjudicating Authority (AA) under the Prevention of Money Laundering Act, 2002 (PMLA) in the Original Complaint No. 1113/2019 (OC). The Provisional Attachment Order bearing No. 03/2019 dated 11.03.2019 (PAO) with respect to the property totally valued at Rs.36,85,00,000/- was not confirmed vide the Impugned Order.

2. Ld. Counsel for the Appellant stated that the Ld. Special Judge (CBI), Patiala House Court, New Delhi vide its Order dated 19.05.2017 has held that the offence of cheating under Section 420 of Indian Penal Code (IPC) read with that of conspiracy under Section 120-B IPC stands proved beyond doubt against the accused Kamal Sponge Steel and Power Ltd. (KSSPL), the Respondent herein and other co-accused. Ld. Counsel stated that the Respondent Company had submitted its application on 09.01.2017 for allocation of Thesgora-B/Rudhrapuri Coal Block in response to the advertisement dated 13.11.2006 published by the Ministry of Coal, Government of India (MoC). Ld. Spe