Code of Criminal Procedure Act, 1973
85.Release, sale and restoration of attached property.-
(1) If the proclaimed person appears within
the time specified in the proclamation, the Court shall make an order releasing
the property from the attachment.
(2) If the proclaimed person does not appear within the time specified in the
proclamation, the property under the attachment shall be at the disposal of the
State Government; but it shall not be sold until the expiration of six months
from the date of the attachment and until any claim preferred or objection made
under section 84 has been disposed of under that section, unless it is subject
to speedy and natural decay, or the Court considers that the sale would be for
the benefit of the owner; in either of which cases the Court may cause it to be
sold whenever it thinks fit.
(3) If, within two years from the date of the attachment, any person whose
property is or has been at the disposal of the State Government, under
sub-section (2), appears voluntarily or is apprehended and brought before the
Court by whose order the property was attached, or the Court to which such
Court is subordinate, and proves to the satisfaction of such Court that he did
not abscond or conceal himself for the purpose of avoiding execution of the
warrant, and that he had not such notice of the proclamation as to enable him
to attend within the time specified therein such property, or, if the same has
been sold, the net proceeds of the sale, or, if part only thereof has been
sold, the net proceeds of the sale, and the residue of the property, shall,
after satisfying there from all costs incurred in consequence of the
attachment, be delivered to him.