Foreign Contribution (Regulation) Act, 1976
15. Seizure of accounts or records
If, after inspection of an account or record
referred to in section 14, the authorized 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 in which any proceeding is brought
for such contravention:
PROVIDED that the authorized 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 .