Lawgist68EIdentifying illegally acquired property
1[68E. Identifying illegally acquired property.-- 2(1) Every officer empowered under section 53 and every officer-in-charge of a police station shall, or receipt of information is satisfied that any person to whom this Chapter applies holds any illegally acquired property, he may, after recording reasons for doing so, proceed to take all steps necessary for tracing and identifying such property.
(2) The steps referred to in sub-section (1) may include any inquiry, investigation or survey in respect of any person, place, property, assets, documents, books of account in any bank or public financial institution or any other relevant matters.
(3) Any inquiry, investigation or survey referred to in sub-section (2) shall be carried out by an officer mentioned in sub-section (1) in accordance with such directions or guidelines as the competent authority may make or issue in this behalf.]]
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1. Ins. by Act 2 of 1989, s. 19 (w.e.f. 29-5-1989)
2. Subs. by Act 9 of 2001, s. 34, for sub- section (1) (w.e.f. 2-10-2001).
- 68A Application
- 68B Definitions
- 68C Prohibition of holding illegally acquired property
- 68D Competent authority
- 68E Identifying illegally acquired property
- 68F Seizure or freezing of illegally acquired property
- 68G Management of properties seized or forfeited under this Chapter
- 68H Notice of forfeiture of property
- 68-I Forfeiture of property in certain case
- 68J Burden of proo
- 68K Fine in lieu of forfeitur
- 68L Procedure in relation to certain trust properties
- 68M Certain transfers to be null and voi
- 68N Constitution of Appellate Tribunal
- 68-O Appeal
- 68P Notice or order not to be invalid for error in description
- 68Q Bar of jurisdictio
- 68R Competent authority and Appellate Tribunal to have powers of civil court
- 68S Information to competent authorit
- 68T Certain officers to assist Administrator, competent authority and Appellate Tribunal
- 68U Power to take possession
- 68V Rectification of mistakes
- 68W Findings under other laws not conclusive for proceedings under this Chapter
- 68X Service of notices and orders
- 68Y Punishment for acquiring property in relation to which proceedings have been taken, under this Chapte
- 68Z Release of property in certain cases
