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¨sÁUÀ– 3
Part– III
06
2023(
ಪ, 15
1945)
BENGALURU, WEDNESDAY, 06, SEPTEMBER, 2023(BHADRAPADA, 15, SHAKAVARSHA, 1945)
£ÀA.411
No. 411
GOVERNMENT OF KARNATAKA
NO: RD 128 GRC 2023 Karnataka Government Secretariat,
M. S. Building
Bengaluru, Dated: 06.09.2023
NOTIFICATION
Whereas, upon report of the Investigation agency Central Bureau of Investigation (CBI) after due
investigation of the complaint of depositors, it has come to the notice of the Government by Special
Officer and Competent Authority IMA, that the M/s I Monetary Advisory (IMA) and its group entities are
involved in fraudulent transactions by clandestinely and illegally collecting deposits or money from the
general public and thereafter have failed to return the same either after maturity or on demand made by
the depositors or complainants with promised interest and other assured benefits and hereby failed to
render the services promised to them.
And whereas, it has further come to the notice of the Government that M/s I Monetary Advisory
(IMA) and its group entities and people associating with them have been acquiring lands, movable and
2
immovable properties, cash and others from and out of the deposits or money so collected, from the
depositors or complainants and thereby deviating from the intended purposes of accepting the deposits
or money.
And whereas, the Government has reason to believe that the actions of the M/s I Monetary
Advisory (IMA) and its group entities and people associating with them are acting in and detrimental to
the interest of the depositors or complainants whose intention was to defraud the innocent depositors,
and it has become necessary to protect the interest of the depositors of the M/s I Monetary Advisory
(IMA) and its group entities.
And whereas, now the Government after considering the report of the Special Officer and
Competent Authority IMA and other fraudulent KPID Cases and satisfying itself about the urgent need to
protect the interest of the depositors and in exercise of the powers conferred by sub-section (2) of
Section 3 of the Karnataka Protection of Interest of Depositors in Financial Establishment Act, 2004
(Karnataka Act 30 of 2005) hereby makes the following order, namely:
“ORDER’’
Now therefore, in exercise of the powers conferred by sub-section (2) of Section 3 of the
Karnataka Protection of Interest of Depositors in Financial Establishment Act, 2004 (Karnataka Act 30 of
2005), the Government under the circumstances stated above having satisfied that in order to protect the
interest of depositors it is necessary to attach the movable and immovable believed to belong to M/s I
Monetary Advisory (IMA) and its group entities. Therefore, the Government hereby attaches the
immovable properties as specified in Annexure to this order believed to have been acquired by the M/s I
Monetary Advisory (IMA) and its group entities either in its own name or in the name of any other person
from and out of the deposits collected by the M/s I Monetary Advisory (IMA) and its group entities and
where it transpires that such money or such other properties of the said financial establishment, or the
personal assets of the promoters, partners, directors, managers or members or any other person of the
3
said financial establishment is not sufficient for the repayment of the deposits or interest or such other
assured benefits to the depositors.
Note: All the aforesaid immovable properties, from the date of publication of this order in the Official
Gazette, shall forthwith vest with the Competent Authority, who has been appointed by the Government,
pending further orders from the Special Court.
By Order and in the name of the
Governor of Karnataka
(Narasimhamurthy. G.K)
Under Secretary to Government
Revenue Department (Special Cell)
ANNEXURE
SL
No.
Description of the Property
Name of the property holder
Concerned Sub-
Registrar Office
Consideration
Value as per sale
deed/agreement
1
# 2158/XI, MP Street Darya Ganji, New Delhi,
(Except Second Floor)
Saif Khan S/o Asif Khan
Sub-Registrar-III New
Delhi
1,50,00,000/-
2
Pvt No.02, Ground Floor, No.2334 (Old) and New
No.426 to 430, Gali Matiamahal, Jama Masjid,
Delhi -110 006
Afsha Khan W/o Saif Khan
Sub-Registrar-III New
Delhi
4,50,00/-
3
Shop Pvt No.09, Without roof righ terrace rights,
Part of Property No.2334 (old) and New No.426 to
430 situated at Gali Matiamahal, Jama Masjid, New
Delhi
Afsha Khan W/o Saif Khan
Sub-Registrar-III New
Delhi
7,35,000/-
4
Plot No.B-25, B-2, Trans Delhi, Signature City,
Ghaziaba, UP
M/s Global Electronics India which
used fund transferred from the Bank
account of Saif Khan which in turn
were received from Mohammed
Masoor Khan
Sub-Registrar, Loni,
Ghaziabad
1,31.50,000/-
4
5
Old No.2334 and New No. 426 to 430 Gali
Matiamahal, Jama Masjid, Delhi – 110 006
Saif Khan S/o Asif Khan
Sub-Registrar-III New
Delhi
8,20,000/-
6
Old No. 2334 and New No.426 to 430 Gali
Matiamahal, Jama Masjid, Delhi – 110 006
Shahzeb Khan S/o Asif Khan
Sub-Registrar-III New
Delhi
4,75,000/-
7
5A, Plot No.8, Ward No.II 4406/5, Ansari Road,
Darya Ganj, New Delhi
Asif Khan
Sub-Registrar-III New
Delhi
19,50,000/-
Total Amount
3,25,80,000/-
No. E-RD 128 GRC 2023
(Narasimhamurthy G.K)
Under Secretary to Government
Revenue Department (Special Cell)
ಕකბಟಕ ಸ౽ბರ
ಒ: ಆฑ ല 128 ೧ಆฑ 2023
ಕකბಟಕ ಸ౽ბರದ ಸ฿ಲಯ
ಬಮಹല ಕಟౣಡ,
ಂಗิฆ, ൽකಂಕ:06.09.2023
ಅඌಚච
಄ಂದ ತඛಌ ฌೕ (ಐ) ഩವർರರ คನ ಬಡ ಕ౨ ತඛಒ ಅತಂഴ ಸยದ ತඛಌ ವರൽಯක౬ಧค ෫||
ಐ ඛಟค ಅഷ౷ೖಸค (ಐಎಂಎ) ಟ ಅದರ ಸ෩ಹ ౩ಗำ ഩವർರคಂದ ಞഓౣಜ ಟ ౽ඞඝರ฿ಜ
ഩವಗಳඝ౬ ಅಥ฿ ವბಜඛಕคಂದ ಹಣವඝ౬ ಗವ ෮ೕಸದ ವವರಗಳย ൧ಡಜฆโൿ ಟ ಆ ತฆ฿ಯ
ಅವඌ ෨ಜದ ෬ว ಅಥ฿ ഩವർರฆ ಅಥ฿ ඹ෴ბൿർฆ ಸยದ ലಃ ෬มಗย ಆ๎౷ಸච ඛೕലದ ಬല ಟ
ಇತฉ ಌತค ಪೕಜನಗಳඝ౬ ඛೕಡฤ เಫಲ฿ಜฆโൿ ಟ ಅವคಡ ಆ๎౷ಸච ඛೕലದ ๅಗಳඝ౬ ಒದಜಸฤ
เಫಲ฿ಜฆโൿ เ๕ಷ ಅඌ౽ค ಮൡ౨ ಸౘಮ ඩඌ౽ರ ಐಎಂಎ ෩ಲಕ ಸ౽ბರದ ಗಮನಃౙ ීൽฆತ౨ං.
෫|| ಐ ඛಟค ಅഷ౷ೖಸค (ಐಎಂಎ) ಟ ಅದರ ಸ෩ಹ ౩ಗำ ಟ ಅವರ ಸಹವൟბ ಜನฆ ഩವർರคಂದ
ಅಥ฿ ඹ෴ბൿർರคಂದ ಗಸมದ ಹಣൽಂದ ಜ෦ೕඝ, ಚರ ಟ ౩ฃ౨ಗಳඝ౬, ನಗൿ ಟ ಇತฉ ವ౨ವඝ౬
5
ಅ೧ბฆโൿ ಟ ಆ ෩ಲಕ ഩವ ಟ ಹಣವඝ౬ ಪഷൽฆವ ಉං౪ೕ๏ತ ಉං౪ೕಶಗัಡ ಬಳಸං ฉ ಕഷ
ವಛბฆโൿ ಸ౽ბರದ ಗಮನಃౙ ීൽฆತ౨ං.
෫|| ಐ ඛಟค ಅഷ౷ೖಸค (ಐಎಂಎ) ಟ ಅದರ ಸ෩ಹ ౩ಗಳ ಟ ಅโಗಳ ಸಹವൟბ ಜನರ ಂತಗำ ෨ಗ౫
ಜನคಡ ๋ವ ಉං౪ೕಶൽಂದ ഩವർರರ ಅಥ฿ ඹ෴ბൿർರರ ൞ಸ౾౨ಡ เฆದ౫฿ಜ ౽ಯბඛವბൟ౨ๅ ಎಂൿ
ඦಬฤ ಸ౽ბರโ ౽ರಣಗಳඝ౬ ຄಂൽൿ౪, ෫|| ಐ ඛಟค ಅഷ౷ೖಸค (ಐಎಂಎ) ಟ ಅದರ ಸ෩ಹ ౩ಗಳยನ
ഩವർರರ ൞ಸ౾౨ಯඝ౬ ರ౾౹โൿ ಅಗತ฿ಜฆತ౨ං.
ಆದ౪คಂದ, ಸ౽ბರโ เ๕ඌ౽คಗำ ಟ ಸౘಮ ඩඌ౽ರ ಐ.ಎಂ.ಎ ಮൡ౨ ಇತฉ ಃ.ඪ.ಐ.ല ಪಕರಣಗำ, ಇವರ
ವರൽಯඝ౬ ಪคಗದ ತฆ฿ಯ ಟ ഩವർರರ ൞ಸ౾౨ಯඝ౬ ರ౾౹โൿ ൡൡბ ಅಗತเං ಎಂൿ ಸ౷
ಮನವคಃ ലಆಂഴ ಕකბಟಕ ಹಣ౽ ౩ಗಳย ഩವർರರ ൞ಸ౾౨ ರౘ൏ ಅඌඛಯಮ, 2004(2005ರ ಕකბಟಕ
ಅඌඛಯಮ, 30)ರ 3ඡ ಪಕರಣದ (2)ඡ ಉಪ-ಪಕರಣದ ෩ಲಕ ಪದತ౨฿ದ ಅඌ౽ರವඝ౬ ಚม, ಈ ෩ಲಕ ಈ
ಃಳಉഽ ಆඃಶವඝ౬ ഴತ౨ං, ಎಂದฉ:
“ಆඃಶ”
ಕකბಟಕ ಹಣ౽ ౩ಗಳย ഩವർರರ ൞ಸ౾౨ ರౘ൏ ಅඌඛಯಮ, 2004 (2005ರ ಕකბಟಕ ಅඌඛಯಮ, 30)ರ
3ඡ ಪಕರಣದ (2)ඡ ಉಪ-ಪಕರಣದ ෩ಲಕ ಪದತ౨฿ದ ಅඌ౽ರವඝ౬ ಚม, ಸ౽ბರโ ಈ ෬ว ඛงඪಸมದ
ಸඛ౬ๆಶಗಳ ನ౬วಯย ഩವർರರ ൞ಸ౾౨ಯඝ౬ ರ౾౹ವ ಸฤ฿ಜ ෫|| ಐ ඛಟค ಅഷ౷ೖಸค (ಐಎಂಎ) ಟ
ಅದರ ಸ෩ಹ ౩ಗัಡ คං ಎನ౬มದ ಚฃ౨ಗಳඝ౬ ಜඹ౨ ഴโൿ ಅವಶಕ฿ಜං ಎಂൿ ಮನಧലฆโದคಂದ, ಸದค
ಹಣ౽ ౩ಯ ಅಂಥ ಹಣ ಅಥ฿ ಅಂಥ ಇತฉ ಸ౷ൡ౨ಗำ ಅಥ฿ ౩ಯ ಪವತბಕರ, ඩฤർರರ, ඛඃბಶಕರ,
ವವ౩ಪಕರ ಅಥ฿ ಸದಸರ ಅಥ฿ ෴ช ಇತฉ ವ౾౨ಯ ็ಯ౾౨ಕ ಆ౨ಗำ ഩವಗಳඝ౬, ಬല ಅಥ฿ ಇತฉ ಌൟ
ಪೕಜನಗಳඝ౬ ഩವർರคಡ ಮฆർಯ ഴโದಃౙ ීඌඈ ಪ෴ბಪ౨฿ಜಲๅಂൿ ತ൞౨ದย ෫|| ಐ
ඛಟค ಅഷ౷ೖಸค (ಐಎಂಎ) ಟ ಅದರ ಸ෩ಹ ౩ಗำ ಗಸมದ ഩವಗัಂದ ತನ౬ ກಸคನมಗย ಅಥ฿ ෴ช
ಇತฉ ವ౾౨ಗಳ ກಸคನย ಆ೧ბං ಎನ౬มದ ಈ ಆඃಶದ ಅඝීಧದย ඛൽბಷౣಪലಸมದ ಎม ౩ฃ౨ಗಳඝ౬ ಸ౽ბರโ ಈ
෩ಲಕ ಜඪ౨ ലಆำತ౨ං.
6
ഔಪ౭: เ๕ಷ ක෴ಲಯದ ෨ಂൽನ ಆඃಶದವฉಡ ౾ ಇค, ෬ว ຂัದ ಎม ౩ฃ౨ಗಳඝ౬ ಅඌಂತ ฃಜಪತದย
ಈ ಆඃಶโ ಪಕಟൕತಂಡ ൽකಂಕൽಂದ ಸ౽ბರโ ඡಮಕ ലฆವ ಸౘಮ ඩඌ౽ರದย ಁಡศ ඛತ฿ಗತಕౙൿ౪.
ಕකბಟಕ ฃಜඩಲರ ಆඃ๎ඝರ
ಮൡ౨ ಅವರ ກಸคನย
(ನರಂಹ෩ൟბ ೧.ಃ)
ಸ౽ბರದ ಅඌೕನ ౽ಯბದ๏ბ
ಉർಯ ಇมಒ (เ๕ಷ ಆೕಶ)
ಅඝීಧ
SL
No.
Description of the Property
Name of the property holder
Concerned Sub-
Registrar Office
Consideration
Value as per sale
deed/agreement
1
# 2158/XI, MP Street Darya Ganji, New Delhi,
(Except Second Floor)
Saif Khan S/o Asif Khan
Sub-Registrar-III New
Delhi
1,50,00,000/-
2
Pvt No.02, Ground Floor, No.2334 (Old) and New
No.426 to 430, Gali Matiamahal, Jama Masjid,
Delhi -110 006
Afsha Khan W/o Saif Khan
Sub-Registrar-III New
Delhi
4,50,00/-
3
Shop Pvt No.09, Without roof righ terrace rights,
Part of Property No.2334 (old) and New No.426 to
430 situated at Gali Matiamahal, Jama Masjid, New
Delhi
Afsha Khan W/o Saif Khan
Sub-Registrar-III New
Delhi
7,35,000/-
4
Plot No.B-25, B-2, Trans Delhi, Signature City,
Ghaziaba, UP
M/s Global Electronics India which
used fund transferred from the Bank
account of Saif Khan which in turn
were received from Mohammed
Masoor Khan
Sub-Registrar, Loni,
Ghaziabad
1,31.50,000/-
7
5
Old No.2334 and New No. 426 to 430 Gali
Matiamahal, Jama Masjid, Delhi – 110 006
Saif Khan S/o Asif Khan
Sub-Registrar-III New
Delhi
8,20,000/-
6
Old No. 2334 and New No.426 to 430 Gali
Matiamahal, Jama Masjid, Delhi – 110 006
Shahzeb Khan S/o Asif Khan
Sub-Registrar-III New
Delhi
4,75,000/-
7
5A, Plot No.8, Ward No.II 4406/5, Ansari Road,
Darya Ganj, New Delhi
Asif Khan
Sub-Registrar-III New
Delhi
19,50,000/-
Total Amount
3,25,80,000/-
ಒ: ಇ-ಆฑ ല 128 ೧ಆฑ 2023
(ನರಂಹ෩ൟბ ೧.ಃ)
ಸ౽ბರದ ಅඌೕನ ౽ಯბದ๏ბ
ಉർಯ ಇมಒ (เ๕ಷ ಆೕಶ)
ಮುದÎಕರು ²ಾಗೂ ಪÎಾಶಕರು:- ಸಂಕಲ£ಾĩಾĸಗಳ…, ಕ£ಾಟಕ ªಾಜÍಪತÎ, ಸಾĸ ೇಂದÎ ಮುದΞಾಲಯ, ¦ೆಂಗಳˆರು
R.N.I. No. KARBIL/2001/47147 POSTAL REGN. No. RNP/KA/BGS/2202/2017-19
Licensed to post without prepayment WPP No. 297
THAMMAIAH
Digitally signed by THAMMAIAH
DN: c=IN, st=Karnataka, 2.5.4.20=be54f34f4e31eae50203ca7fab5ceb3794f20a8460a2582ef28294d43b8f8b16,
postalCode=560059, street=BANGALORE, pseudonym=ca58c76cf7e2445d7a4f3f51407e025e,
serialNumber=4d9b284dcc53d39f1425f50485de07dd86efa302a3fce3729eddea0c1b5098e0, ou=GOVERNMENT
OF KARNATAKA, o=GOVERNMENT OF KARNATAKA, cn=THAMMAIAH
Date: 2023.09.07 17:16:25 +05'30'