Section 112
of Criminal Asset Recovery Order, 2012
Section 112
(1)
After seizure of any property has been effected under this Order, and so long as such seizure remains in force, any dealing, contract, or other thing whatsoever, effected, done, or entered into by any person or between any persons in respect of such property, except any dealing effected under this Order or by virtue of this Order by a public officer in his capacity as such officer, or otherwise by or on behalf of the Government, or a local authority, or other statutory body, shall be null and void, and shall not be registered or otherwise howsoever given effect to by any person or authority.
(2)
For so long as a seizure of any property under this Order remains in force, no action, suit or other proceeding of a civil nature shall be instituted, or if it is pending immediately before such seizure, be maintained or continued, in any court or before any other authority in respect of the property which has been so seized, and no attachment, execution or other similar process shall be commenced, or if any such process is pending immediately before such seizure, be maintained or continued, in respect of such property on account of any claim, judgment or decree, regardless whether such claim was made, or such judgment or decree was given, before or after such seizure was effected, except at the instance of the Government or at the instance of a local authority or other statutory body, or except with the prior consent in writing of the Public Prosecutor.
Validity of seizure, or sale in consequence thereof, not to be affected by certain objections.