Section 58A - Special Court to release the property.
Prevention of Money-Laundering Act, 2002 Chapter IX Reciprocal Arrangement for Assistance in Certain Matters and Procedure for Attachment and Confiscation of Property
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Release of property: Special Court may order return where foreign trial finds no money-laundering, on application and notice. If a foreign criminal court, on closure or conclusion of trial under corresponding law, finds no money-laundering or that property in India is not ... Summary
Release of property: Special Court may order return where foreign trial finds no money-laundering, on application and notice.
If a foreign criminal court, on closure or conclusion of trial under corresponding law, finds no money-laundering or that property in India is not involved, the Special Court may, on application by the concerned person or the Director and after notice to the other party, order release of such property to the person entitled to receive it.
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