Chapter VIII - RECIPROCAL ARRANGEMENTS FOR ASSISTANCE IN CERTAIN MATTERS AND PROCEDURE FOR ATTACHMENT AND FORFEITURE OF PROPERTY (From Section 111 to Section 124)
Bharatiya Nagarik Suraksha Sanhita, 2023 Chapter VIII RECIPROCAL ARRANGEMENTS FOR ASSISTANCE IN CERTAIN MATTERS AND PROCEDURE FOR ATTACHMENT AND FORFEITURE OF PROPERTY
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Fine in lieu of forfeiture allows payment of market value for an unproven portion to prevent property forfeiture. Where a court declares property forfeited but only part of its source is unproved, the person affected may be offered the option to pay a fine equal to the market value of that unproved part instead of forfeiture; the person must be given a reasonable opportunity to be heard, and on timely payment the court may revoke the forfeiture declaration and order release of the property.
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.
Fine in lieu of forfeiture allows payment of market value for an unproven portion to prevent property forfeiture.
Where a court declares property forfeited but only part of its source is unproved, the person affected may be offered the option to pay a fine equal to the market value of that unproved part instead of forfeiture; the person must be given a reasonable opportunity to be heard, and on timely payment the court may revoke the forfeiture declaration and order release of the property.
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