Section 105-I
Fine in lieu of forfeiture.
The Code of Criminal Procedure, 1973
About this Act
An Act to consolidate and amend the law relating to Criminal Procedure.
(1) Where the Court makes a declaration that any property
stands forfeited to the Central Government under section 105H and it is a case where the source of
only a part of such property has not been proved to the satisfaction of the Court, it shall make an
order giving an option to the person affected to pay, in lieu of forfeiture, a fine equal to the market
value of such part.
(2) Before making an order imposing a fine under sub-section (1), the person affected shall be given a reasonable opportunity of being heard.
(3) Where the person affected pays the fine due under sub-section (1), within such time as may be allowed in that behalf, the Court may, by order, revoke the declaration of forfeiture under section 105H and thereupon such property shall stand released.
(2) Before making an order imposing a fine under sub-section (1), the person affected shall be given a reasonable opportunity of being heard.
(3) Where the person affected pays the fine due under sub-section (1), within such time as may be allowed in that behalf, the Court may, by order, revoke the declaration of forfeiture under section 105H and thereupon such property shall stand released.