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Policy framework or directive — a strategic document setting direction, principles, and objectives for governance. Guides the design of schemes, legislation, and implementation strategies.
Summary
Enables confiscation of assets and properties of economic offenders who flee India to avoid criminal prosecution. Applies to offences involving amounts of Rs 100 crore or more.
Key Facts
TypeAct
SourceHistorical Record
PublishedThursday, 2 August 2018
Affected Population1.4 billion citizens, 63 million MSMEs
Enables confiscation of assets and properties of economic offenders who flee India to avoid criminal prosecution. Applies to offences involving amounts of Rs 100 crore or more.
The recent proceedings involving Sanjay Bhandari before the Delhi High Court have brought renewed attention to a constitutional question: can a person who deliberately avoids the jurisdiction of Indian courts continue to invoke the protection of those very courts?The issue assumes particular significance in the context of Section 14 of the Fugitive Economic Offenders (FEO) Act, 2018, which empowers courts and tribunals to disentitle a declared fugitive economic offender from pursuing or defendin
Government of India press release: Department of Consumer Affairs Invites Applications for Government Approved Test Centres (GATCs) from 17–31 August 2026
The Reserve Bank of India issued Directions under Section 35A read with Section 56 of the Banking Regulation Act, 1949 to The Pusad Urban Co-operative Bank Ltd., Pusad, Dist. Yavatmal, Maharashtra vide Directive No. NGP.DOS.SSM3.No.S611/5-04-166/2025-2026 dated November 06, 2025, for a period of six months up to close of business on May 07, 2026, which was last extended up to the close of business on August 07, 2026 vide Directive No. DOR.MON/D-11/12-22-635/2026-27 dated April 30, 2026. The Rese