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FEMA - Highlights / Catch Notes

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Detention of property u/s 3(1) - the idea was to forfeit the ...


Court Upholds Property Detention u/s 3(1) to Forfeit Assets of Convicts, Including Those Held by Relatives.

August 13, 2013

Case Laws     FEMA     HC

Detention of property u/s 3(1) - the idea was to forfeit the illegally acquired properties of the convict/detenue irrespective of the fact that such properties were held by or kept in the name of or screened in the name of any relative or associate as defined in the said Explanations of Section2 of the Act - The Authority had rightly appreciated the provisions of the SAFEMA and the definition of `relative’ - HC

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