TaxTMI 
TaxTMI 
Seizure, Disposal & Confiscation of Article or Currency or Security
X X X X Extracts X X X X
X X X X Extracts X X X X
....o believe that any person has in his possession or control * any article exceeding the value specified in section 2(1)(h)(i) or * currency or * security * whether Indian or foreign, in relation to which any provision of this Act has been or is being, contravened, he may seize such article or currency or security. Disposal of seized article or currency or security [ Section 26 of FCRA,....
X X X X Extracts X X X X
X X X X Extracts X X X X
....f such article or currency or security containing such details relating to their description, value or such other identifying particulars as the officer referred to in that sub-section may consider relevant to the identity of the article or the currency or security and make an application to any Magistrate for the purposes of certifying the correctness soft he inventory so prepared. [ Section 26(3....
X X X X Extracts X X X X
X X X X Extracts X X X X
.... ] * The provisions of the Code of Criminal Procedure, 1973 shall apply in so far as they are not inconsistent with the provisions of this Act to all seizures made under this Act. Confiscation of article or currency or security obtained in contravention of the Act [ Section 28 of FCRA, 2010 ] * Any article or currency or security which is seized under section 25 shall be liable to confiscatio....
X X X X Extracts X X X X
X X X X Extracts X X X X
....ernment may, by notification in the Official Gazette, specify in this behalf. [ Section 29(1) of FCRA, 2010 ] * Under section 29(2) When an adjudication under section 29(1) is concluded by the Court of Session or Assistant Sessions Judge, as the case may be, the Sessions Judge or Assistant Sessions Judge may make such order as he thinks fit for the disposal by confiscation or delivery of seized ....