APPELLATE TRIBUNAL UNDER SAFEMA AT NEW DELHI FPA-PBPT-2567/BBS/2023 Shri Ashok Kumar Das … Appellant Versus The Initiating Officer, Bhubaneshwar … Respondent Advocates/Authorized Representatives who appeared For the Appellants : Mr. Prakash Ch. Sethi, Adv.

For the Respondent : Mr. Anish Dhingra, Adv.

CORAM JUSTICE MUNISHWAR NATH BHANDARI : CHAIRMAN SHRI G.C. MISHRA : MEMBER

FINAL ORDER

24.09.2025 By this appeal, a challenge has been made to the order dated

22.02.2023 passed by the Adjudicating Authority confirming provisional attachment of two properties out of five properties, for which the notice was caused to the Benamidar with a copy to the Beneficial Owner.

The present appeal has been filed by Ashok Kumar Das mainly on the ground that the impugned order passed by the Adjudicating Authority is in ignorance of the consequence of the transfer of property by the Appellant much prior to a notice under Section 24(1) of the PBPT Act, 1988 because notice was caused on 28.10.2021 while the properties were sold on 16.09.2017 itself. Thus, the provisional attachment could not have been confirmed. It is not that the fact regarding transfer of the property, alleged to be benami, was not informe