Before the Finance Minister Arun Jaitley in 2017-eighteen Funds speech has announced that legislative modifications or perhaps a new regulation to confiscate the property of these sorts of fugitives.
The proposed legislation will likely be relevant in circumstances wherever the good thing about offenses is above Rs one hundred crore.
It permits the repealed legislation to be in drive with respect to some current rights.
Government proposes Draft Bill on Fugitive Financial Offenders
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