Foreign Contribution (Regulation) Act, 2010
24. Seizure of
accounts or records.-
If, after inspection
of an account or record referred to in section 23, the inspecting officer has
any reasonable cause to believe that any provision of this Act or of any other
law relating to foreign exchange has been, or is being, contravened, he may
seize such account or record and produce the same before the court, authority
or tribunal in which any proceeding is brought for such contravention:
Provided that the authorised officer shall
return such account or record to the person from whom it was seized if no
proceeding is brought within six months from the date of such seizure for the
contravention disclosed by such account or record.