https://www.taxtmi.com/acts?id=23018 Vesting occurs when a confiscation order is made under the Act: all rights and title in the property vest absolutely in the Central Government free from all encumbrances. The tribunal, after hearing interested persons, may declare encumbrances or leasehold interests void if created to defeat the Chapter, causing vesting free from those interests. The provision preserves personal liability for encumbrances enforceable by suit for damages and applies to attached, seized or frozen property under the Act. en-us Wed, 16 Nov 2016 10:25:00 +0530 Wed, 16 Nov 2016 14:11:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=23018 Vesting occurs when a confiscation order is made under the Act: all rights and title in the property vest absolutely in the Central Government free from all encumbrances. The tribunal, after hearing interested persons, may declare encumbrances or leasehold interests void if created to defeat the Chapter, causing vesting free from those interests. The provision preserves personal liability for encumbrances enforceable by suit for damages and applies to attached, seized or frozen property under the Act. Act-Rules Money Laundering Wed, 16 Nov 2016 10:25:00 +0530 https://www.taxtmi.com/acts?id=23018