Forfeiture of property in certain cases.
What this section does
After considering the response to the show-cause notice and giving the person affected a reasonable opportunity of hearing, the court records a finding on whether the properties are proceeds of crime; if the person does not appear within thirty days, the court may proceed ex parte. Where the court finds property to be proceeds of crime, it stands forfeited to the Central Government free from all encumbrances, and in the case of shares, the company must register the Central Government as transferee notwithstanding the Companies Act 2013 or its Articles of Association.
AI-generated plain-language summary. For the binding statutory text, see India Code (official).
Procedure at a glance
- Key actors
- Court · Person affected · Central Government · Company (in case of shares)
- Time limit
- 30 days for appearance before ex parte finding may be recorded
Derived from CrPC s.105J.
Read the official text
For the binding statutory text of BNSS Section 120, refer to the Gazette of India or the India Code official website.
Why this matters
BNSS Section 120 forms part of Bharatiya Nagarik Suraksha Sanhita which replaced the Code of Criminal Procedure 1973 on 1 July 2024. Any new filing, FIR, charge sheet, or bail application made on or after that date should cite the new section number. References to the old act in legacy documents remain valid for matters that arose before the changeover.