Chapter IX - Reciprocal Arrangement for Assistance in Certain Matters and Procedure for Attachment and Confiscation of Property (From Section 55 to Section 61)
Section 58B - Letter of request of a contracting State or authority for confiscation or 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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Confiscation and release of property: foreign requests can prompt domestic application to a Special Court for orders. When a foreign money laundering trial cannot proceed or conclude, a contracting State's request for confiscation or release of property is to be forwarded by the Central Government to the Director, who will apply to the Special Court; the Special Court may then pass orders for confiscation or release of the property involved.
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.
Confiscation and release of property: foreign requests can prompt domestic application to a Special Court for orders.
When a foreign money laundering trial cannot proceed or conclude, a contracting State's request for confiscation or release of property is to be forwarded by the Central Government to the Director, who will apply to the Special Court; the Special Court may then pass orders for confiscation or release of the property involved.
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