The Economic Offences (Inapplicability of Limitation)  Act, 1974

The Economic Offences (Inapplicability of Limitation) Act, 1974 is a law that makes certain economic offenses, such as counterfeiting, forgery, and fraud, non-time barred offenses, meaning that the statute of limitations does not apply to them. The Act also provides for the forfeiture of property that was acquired through illegal means. This law was passed to help combat economic crimes and provide a legal framework to investigate and prosecute such crimes. The Act applies to the entire country of India and is a powerful tool for law enforcement agencies to combat economic offenses.