What is the difference between seizing order and freezing order?
Both seizing and freezing orders are orders under Section 68 F of the Act passed by the concerned officer for preventing concealment, transfer, or any other dealing with illegally acquired properties which may frustrate forfeiture proceedings against them under chapter VA of the Act. The officer for this purpose has to seize the properties, however if for some reason it is not practicable to seize the properties he may pass a freezing order preventing transfer or any other such activity related with such properties without prior permission of the officer or the Competent Authority.
Both seizing and freezing orders are orders under Section 68 F of the Act passed by the officer concerned for preventing concealment, transfer, or any other dealing with illegally acquired properties which may frustrate forfeiture proceedings against them under chapter V A of the Act. The officer for this purpose has to seize the properties , however if for some reason it is not practicable to seize the properties, he may pass a freezing order preventing transfer or any other such activity related with such properties without prior permission of the officer or the Competent Authority.
Related Questions
- There may be considerable gap between the seizing/freezing of the properties and their forfeiture/disposal. How are the properties to be managed during the intervening period?
- What is the next action after the seizing/freezing order is confirmed?
- What shall be done after passing a seizing/freezing order?
