Fugitive Economic Offenders Bill, 2017 Approved by Law Ministry

Published on September 19, 2017
The law ministry has given its approval to Fugitive Economic Offenders Bill

The law ministry has given its approval to Fugitive Economic Offenders Bill

  • The bill will give powers to the government to confiscate property of economic offenders and defaulters who flee India, albeit with a new provision
  • Law Ministry proposed a "Saving Clause" to be incorporated in the Fugitive Economic Offenders Bill 2017 before its presentation in the Lok Sabha.
  • The saving clause provides for certain exception(s) in a statute.
  • It enables the repealed law to be in force with respect to some existing rights.

Fugitive Economic Offender Bill 2017: Provision & Significance

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