Salient Features of the Fugitive Economic Offenders Ordinance, 2018

Meera Emmanuel April 22 2018

The Fugitive Economic Offenders Ordinance, 2018 (‘Ordinance’) was yesterday given the green light by President of India, Ram Nath Kovind.

A bill in respect of the same was due to come up in the Lok Sabha last month. However, frequent adjournments of the House before the session came to a close, saw to it that the bill did not materialise before the Lok Sabha.

In consequence, the Government has now introduced the Ordinance "to provide for measures to deter . . .

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