Answer By law4u team
Bharatiya Nagarik Suraksha Sanhita, 2023 - Section 122: Certain Transfers to be Null and Void
Where after the making of an order under sub-section (1) of section 117 or the issue of a notice under section 119, any property referred to in the said order or notice is transferred by any mode whatsoever, such transfers shall, for the purposes of the proceedings under this Chapter, be ignored. If such property is subsequently forfeited to the Central Government under section 120, then the transfer of such property shall be deemed to be null and void.
Brefe Detail
Section 122 of the Bharatiya Nagarik Suraksha Sanhita, 2023, states that any transfer of property after an order under section 117 or a notice under section 119 will be disregarded in legal proceedings. If the property is later forfeited to the Central Government, such transfers will be considered null and void.
Question & Answers
Q1: What happens to property transferred after an order under section 117?
A1: Such transfers will be ignored for the purposes of proceedings under this Chapter.
Q2: What if the transferred property is forfeited to the Central Government?
A2: The transfer will be deemed null and void.
Q3: Under what circumstances does this section apply?
A3: It applies after an order under section 117 or a notice under section 119 has been issued regarding the property.
Example
Example 1: If a property is transferred after an order is made under section 117, that transfer will not be recognized in legal proceedings related to forfeiture.
Example 2: A person transfers ownership of a property after receiving a notice under section 119, but if the property is later forfeited, that transfer will be considered void.
Example 3: If a company transfers shares of a property after an order under section 117, those transfers will not be valid if the property is subsequently forfeited to the Central Government.
Summary
Section 122 ensures that any transfer of property made after a relevant order or notice is issued is disregarded in legal proceedings. If such property is later forfeited, the transfers will be null and void, thus protecting the integrity of the proceedings under the Bharatiya Nagarik Suraksha Sanhita, 2023.
