Subs. by Act 2 of 2013, s. 7, for “sub-section (6) of section 8” (w.e.f. 15-2-2013). — THE PREVENTION OF MONEY -LAUNDERING ACT, 2002

Subs. by Act 2 of 2013, s. 7, for “sub-section (6) of section 8” (w.e.f. 15-2-2013).

10. Subs. by Act 2 of 2013, s. 7, for “sub-section (6) of section 8” (w.e.f. 15-2-2013). respect of any property of a person, all the rights and title in such property shall vest absolutely in the Central Government free from all encumbrances: Provided that where the 1 [Special Court or the Adjudicating Authority, as the case may be,] after giving an opportunity of being heard to any other person interested in the property attached under this Chapter, or seized 2 [or frozen] under Chapter V, is of the opinion that any encumbrance on the property or lease -hold interest has been created with a view to defeat the provisions of this Chapter, it may, by order, declare such encumbrance or lease -hold interest to be void and thereupon the aforesaid property shall vest in the Central Government free from such encumbrances or lease -hold interest: Provided further that nothing in this section shall operate to discharge any person from any liability in respect of such encumbrances which may be enforced against such person by a suit for damages.

Section 10