Rule 4 - Procedure relating to seizure or freezing.
Prevention of Money-Laundering (Forms, Search And Seizure or Freezing And The Manner of Forwarding The Reasons And Material To The Adjudicating Authority, Impounding And Custody of Records And The Period of Retention) Rules, 2005 - Rules
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Freezing and seizure of records prevents transfer without permission; requires inventory, sealed packages, and forwarding copies to authorities. Officer or authority may seize or freeze records or property found during a search; if seizure is impracticable, a freezing order may prohibit transfer except with prior permission and must be served on the person concerned. The authority must prepare a seizure memo (Form II), deliver it to the occupant or person in charge, and forward copies to the Director and the Adjudicating Authority. Seized valuables must be packaged with identification and sealed, allowing the occupant to affix a seal, and a list of package contents must be delivered and forwarded to the designated authorities.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Freezing and seizure of records prevents transfer without permission; requires inventory, sealed packages, and forwarding copies to authorities.
Officer or authority may seize or freeze records or property found during a search; if seizure is impracticable, a freezing order may prohibit transfer except with prior permission and must be served on the person concerned. The authority must prepare a seizure memo (Form II), deliver it to the occupant or person in charge, and forward copies to the Director and the Adjudicating Authority. Seized valuables must be packaged with identification and sealed, allowing the occupant to affix a seal, and a list of package contents must be delivered and forwarded to the designated authorities.
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