Lawgist68GManagement of properties seized or forfeited under this Chapter
1[68G. Management of properties seized or forfeited under this Chapter.-- (1) The Central Government may, by order published in the Official Gazette, appoint as many of its officers (not below the rank of a Joint secretary to the Government) as it thinks fit, to perform the functions of an Administrator.
(2) The Administrator appointed under sub-section (1) shall receive and manage the property in relation to which an order has been made under sub-section (1) of section 68F or under section 68-I in such manner and subject to such conditions as may be prescribed.
(3) The Administrator shall also take such measures, as the Central Government may direct, to dispose of the property which is forfeited to the Central Government.]
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1. Ins. by Act 2 of 1989, s. 19 (w.e.f. 29-5-1989)
- 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
