Restoration of confiscated property requires public notice and claimant submissions; pro rata relief may be ordered. Rules set a restoration procedure for confiscated property: a claimant is one who acted in good faith and suffered a quantifiable loss; the Special Court must publish notice calling claimants to submit claims; where property is insufficient, restoration may be ordered on a pro rata basis according to each claimant's share of loss; claims are subject to a strict filing period with limited discretionary extension; interpretive questions are referred to the Central Government.
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.
Restoration of confiscated property requires public notice and claimant submissions; pro rata relief may be ordered.
Rules set a restoration procedure for confiscated property: a claimant is one who acted in good faith and suffered a quantifiable loss; the Special Court must publish notice calling claimants to submit claims; where property is insufficient, restoration may be ordered on a pro rata basis according to each claimant's share of loss; claims are subject to a strict filing period with limited discretionary extension; interpretive questions are referred to the Central Government.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.