Enemy Property Act : Transfer of property vested in Custodian by enemy on enemy subject orenemy firm.

Enemy Property Act,1968

Act No : 34

Section : Transfer of property vested in Custodian by enemy on enemy subject orenemy firm.

6. Transfer of property vested in Custodian by enemy on enemy subject or enemy firm. Where any property vested in the Custodian under this Act has been transferred, whether before or after the commencement of this Act, by an enemy or an enemy subject or an enemy firm and where it appears to the Central Government that such transfer is injurious to the public interest or was made with a view to evading or defeating the vesting of the property in the Custodian, then, the Central Government may, after giving a reasonable opportunity to the transferee to be heard in the matter, by order, declare such transfer to be void and on the making of such order, the property shall continue to vest or be deemed to vest in the Custodian.