The Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976
11. Certain transfers to be null and void –
Where after the issue of a notice under section 6 or under section 10, any property referred to in the said notice is transferred by any mode whatsoever such transfer shall for the purposes of the proceedings under this Act , be ignored and if such property is subsequently forfeited to the central Govt. under section 7 then the transfer of such property shall be deemed to be null and void.
The Smugglers and Foreign Exchange Manipulators (Forfeiture of Property) Act, 1976