Section 119 of BNSS : Section 119: Notice of forfeiture of property.

Explanation using Example

Example 1:

Scenario: Rajesh, a businessman in Mumbai, is under investigation for alleged money laundering activities. The authorities have conducted an inquiry and found that Rajesh owns several properties in Mumbai and Pune, which they suspect are proceeds of crime.

Application of Section 119:

1. The Court, after reviewing the inquiry report, believes that Rajesh's properties are proceeds of crime.
2. The Court serves a notice to Rajesh, giving him 30 days to explain the source of income, earnings, or assets used to acquire these properties.
3. Rajesh is required to provide evidence and relevant information to prove that the properties were acquired through legitimate means.
4. If Rajesh fails to provide satisfactory...

Login to access all pages and read more content.

To disable ads and read rest of the premium content, subscribe to KanoonGPT Pro.