Lawgist58CProhibition of holding illegally acquired property
1[58C. Prohibition of holding illegally acquired property. -- (1) From the date of commencement of this Chapter, it shall not be lawful for any person to whom this Chapter applies to hold any illegally acquired property either by himself or through any other person on his behalf.
(2) Where any person holds such property in contravention of the provisions of sub-section (1), such property shall be liable to be forfeited to the State Government concerned in accordance with the provisions of this Chapter:
Provided that no property shall be forfeited under this Chapter if such property was acquired by a person to whom this Act applies before a period of six years from the date on which he was charged for an offence relating to illegal hunting and trade of wild life and its products.]
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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
