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Forfeiture of Properties in Respect of Economic Offences: The Indian Experience

NCJ Number
119815
Journal
Bulletin on Narcotics Volume: 36 Issue: 4 Dated: special issue (October-December 1984) Pages: 101-109
Author(s)
M V N Rao
Date Published
1984
Length
9 pages
Annotation
This article discusses India's laws providing for seizure and forfeiture of illegally-acquired property.
Abstract
India's forfeiture laws authorize forfeiture of movable and immovable property illegally acquired by smugglers and foreign exchange manipulators and their associates and permits involuntary detentions of up to two years of individuals smuggling certain kinds of goods. Other statutes authorize penal sanctions for violations of the customs laws and permit confiscation of securities, money, and property arising from unauthorized currency and foreign exchange transactions. Drug laws provide for the confiscation of narcotics and related goods. India has also developed laws permitting law enforcement authorities to take penal action against not only the organizers and financiers of drug trafficking operations but also those who are minor players in the drug-selling chain. All laws comport with India's constitution and allow appellate and other remedies. The article contains extracts from specific statutes. (Author abstract modified)

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