LawgistThe Prevention of Money-Laundering Act
58ASpecial Court to release the property
1[58A. Special Court to release the property.--Where on closure of the criminal case or conclusion of a trial in a criminal court outside India under the corresponding law of any other country, such court finds that the offence of money-laundering has not taken place or the property in India is not involved in money-laundering, the Special Court may, on an application moved by the concerned person or the Director, after notice to the other party, order release of such property to the person entitled to receive it.]
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1. Ins. by Act 2 of 2013, s. 24 (w.e.f. 15-2-2013).
RECIPROCAL ARRANGEMENT FOR ASSISTANCE IN CERTAIN MATTERS AND PROCEDURE FOR ATTACHMENT AND CONFISCATION OF PROPERTY
- 55 Definitions
- 56 Agreements with foreign countries
- 57 Letter of request to a contracting State in certain cases
- 58 Assistance to a contracting State in certain cases
- 58A Special Court to release the property
- 58B Letter of request of a contracting State or authority for confiscation or release the property
- 59 Reciprocal arrangements for processes and assistance for transfer of accused persons
- 60 Attachment, seizure and confiscation, etc., of property in a contracting State or India
- 61 Procedure in respect of letter of request
