Follow The Law
THE LAW AND ECONOMIC FUGITIVES - With Sidharth Luthra, Senior Advocate & Former ASG, Raghav Bahl, & Niharika Karanjawala This episode of Follow the Law examines India’s Fugitive Economic Offenders Act and how the law deals with individuals accused of major financial crimes who leave the country to avoid prosecution. Chapters: 00:00 Why This Law Matters for Ordinary Citizens 02:21 Actual Loss vs Notional Loss; To Attract the Provisions 02:55 Types of Offences Covered Under the Act 03:28 Process to Declare a Fugitive Economic Offender 05:46 Process for Attachment and Confiscation of Assets 08:07 Overseas Property and Assets Also Covered? 08:46 Third-Party Claims and Joint Family Property attachment 09:49 Challenging Confiscation 11:16 Interaction With Extradition Law 13:06 When an Accused Genuinely Cannot Return to India 14:21 Safeguards Against Misuse 15:02 Closing Thoughts Disclaimer The content of this programme is intended for information,entertainment and general awareness purposes only; no legal advice is being given to the viewer. If you have a legal query, concern or problem please seek professional legal advice. No information received from the program should be relied upon or used without consulting a lawyer to consider your specific circumstances, possible changes to applicable laws, rules and regulations and other legal issues. The views expressed herein are an individual’s own and do notreflect the views of the creators of Follow the Law or ITMN TV.
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