Preliminary Provisions The Act extends to the whole of India and came into force on April 21, 2018. It defines key terms such as "Administrator," "fugitive economic offender," "proceeds of crime," and "Scheduled Offence." A fugitive economic offender is an individual against whom a warrant for arrest has been issued by any Court in India for a Scheduled Offence, and who has either left India to avoid prosecution or refuses to return to face prosecution. Declaration and Confiscation Chapter II of the Act outlines the process for declaring an individual as a fugitive economic offender and the subsequent confiscation of property. The Director or any officer not below the rank of Deputy Director can file an application in the Special Court to declare an individual as a fugitive economic offender. The application must contain reasons for the belief, information about the offender's whereabouts, and a list of properties believed to be proce...
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