122. Where after the making of an order under sub-section (1) of section 117
or the issue of a notice under section 119, any property referred to in the
said order or notice is transferred by any mode whatsoever such transfers
shall, for the purposes of the proceedings under this Chapter, be ignored
and if such property is subsequently forfeited to the Central Government
under section 120, then, the transfer of such property shall be deemed to be
null and void.