What will happen to the attached properties after conclusion of trial for the scheduled offence?
(i) Where on conclusion of a trial for any scheduled offence, the person concerned is acquitted, the attachment of the property and net income, if any, shall cease to have effect. [Section 8(5)] (ii) Where on conclusion of a trial for any scheduled offence, the guilt of the person is proved in the trial court and order of such trial court becomes final, the order of attachment of property will become final. [Section 8 (3)] (iii) Where the attachment of any property becomes final, the Adjudicating Authority shall, after giving an opportunity of being heard to the person concerned, make an order confiscating such property. [Section 8(6)] (iv) After an order of confiscation, all the rights and title in such property shall vest absolutely in the Central Government free from all encumbrances.
