Prevention of Money Laundering Act
Prevention of Money Laundering Act
IX · Section 58A

Special Court to release the property

Synced on 05 Jul 2026Text as per India Code

Where on closure of the criminal case or conclusion of a trial in a criminal court outside India under the corresponding law of any other country, such court finds that the offence of money-laundering has not taken place or the property in India is not involved in money-laundering, the Special Court may, on an application moved by the concerned person or the Director, after notice to the other party, order release of such property to the person entitled to receive it.

Judgments on Section 58A