58AApplication
158A. Application.-- The provisions of this Chapter shall apply only to the following persons, namely:--
(a) every person who has been convicted of an offence punishable under this Act with imprisonment for a term of three years or more;
(b) every associate of a person referred to in clause (a);
(c) any holder (hereafter in this clause referred to as the present holder) of any property which was at any time previously held by a person referred to in clause (a) or clause (b) unless the present holder or, as the case may be, any one who held such property after such person and before the present holder, is or was a transferee in good faith for adequate consideration.
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1. Ins. by Act 16 of 2003, s. 34 (w.e.f. 1-4-2003).
- 58A Application
- 58B Definitions
- 58C Prohibition of holding illegally acquired property
- 58D Competent authority
- 58E Identifying illegally acquired property
- 58F Seizure or freezing of illegally acquired property
- 58G Management of properties seized or forfeited under this Chapter
- 58H Notice of forfeiture of property
- 58I Forfeiture of property in certain case
- 58J Burden of proof
- 58K Fine in lieu of forfeiture
- 58L Procedure in relation to certain trust properties
- 58M Certain transfer to be null and void
- 58N Constitution of Applellate Tribunal
- 58O Appeals
- 58P Notice or order not to be invalid for error in description
- 58Q Bar of Jurisdiction
- 58R Competent Authority and Appellate Tribunal to have powers of civil court
- 58S Information to competent authority
- 58T Certain officers to assist Administrator, competent authority and Appellate Tribunal
- 58U Power to take possession
- 58V Rectification of mistakes
- 58W Findings under other laws not conclusive for proceedings under this Chapter
- 58X Service of notices and orders
- 58Y Punishment for acquiring property in relating to which proceeings have been taken under this Chapter