BNSS Section 121: Fine in lieu of forfeiture
Bharatiya Nagarik Suraksha Sanhita, 2023 · Chapter 8: Reciprocal Arrangements for Assistance in Certain Matters and Procedure for Attachment and Forfeiture of Property
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121.
(1) Where the Court makes a declaration that any property stands forfeited to the Central Government under section 120 and it is a case where the source of only a part of such property has not been proved to the satisfaction of the Court, it shall make an order giving an option to the person affected to pay, in lieu of forfeiture, a fine equal to the market value of such part.
(2) Before making an order imposing a fine under sub-section (1), the person affected shall be given a reasonable opportunity of being heard.
(3) Where the person affected pays the fine due under sub-section (1), within such time as may be allowed in that behalf, the Court may, by order, revoke the declaration of forfeiture under section 120 and thereupon such property shall stand released.
Bare act text for reference, current to 1 July 2024. It is not legal advice; check the official gazette for authoritative text.
Other sections in this chapter
- 111. Definitions
- 112. Letter of request to competent authority for investigation in a country or place outside India
- 113. Letter of request from a country or place outside India to a Court or an authority for investigation in India
- 114. Assistance in securing transfer of persons
- 115. Assistance in relation to orders of attachment or forfeiture of property
- 116. Identifying unlawfully acquired property
- 117. Seizure or attachment of property
- 118. Management of properties seized or forfeited under this Chapter
- 119. Notice of forfeiture of property
- 120. Forfeiture of property in certain cases
- 122. Certain transfers to be null and void
- 123. Procedure in respect of letter of request
- 124. Application of this Chapter