https://www.taxtmi.com/caselaws?id=159780 Forfeiture proceedings under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 require foundational material showing a nexus between the property sought to be forfeited and the detenu's illegally acquired assets. The show-cause notice and recorded reasons were deficient because they did not allege that the property was benami property of the detenu or acquired from funds traceable to him. As no link or nexus appeared on the face of the material, the statutory basis for initiating forfeiture action was not satisfied, and the forfeiture orders were held unsustainable. en-us Thu, 16 Jan 2003 00:00:00 +0530 Fri, 26 Dec 2025 15:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=159780 Forfeiture proceedings under the Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976 require foundational material showing a nexus between the property sought to be forfeited and the detenu's illegally acquired assets. The show-cause notice and recorded reasons were deficient because they did not allege that the property was benami property of the detenu or acquired from funds traceable to him. As no link or nexus appeared on the face of the material, the statutory basis for initiating forfeiture action was not satisfied, and the forfeiture orders were held unsustainable. Case-Laws FEMA Thu, 16 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=159780