Lawgist58EIdentifying illegally acquired property
1[58E. Identifying illegally acquired property.-- (1) An officer not below the rank of Deputy Inspector General of Police duly authorised by the Central Government or as the case may be, the State Government, shall, on receipt of a complaint from the competent authority about any person having illegally acquired property, proceed to take all steps necessary for tracing and identifying any property illegally acquired by such person.
(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 financial institution or any other relevant step as may be necessary.
(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 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
