The Fugitive Economic Offenders Act, 2018 · III — MISCELLANEOUS

Section 26. Repeal and saving

In force · As amended up to 2026-08

26. Repeal and saving . — (1) The Fugitive Economic Offenders Ordinance, 2018 (Ord. 1 of 2018), is hereby repealed. (2) Notwithstanding such repeal, anything done or any action taken under the said Ordinance, shall be deemed to have been done or taken under this Act. THE SCHEDULE [ See section 2(l) and (m)] Section Description of offence I. Offences under the Indian Penal Code, 1860 (45 of 1860) 120B read with Punishment of criminal conspiracy. any offence in this Schedule |255|Counterfeiting Government stamp.| |---|---| |257|Making or selling instrument for counterfeiting Government stamp.| |258|Sale of counterfeit Government stamp.| |259|Having possession of counterfeit Government stamp.| |260|Using as genuine a Government stamp known to be counterfeit.| |417|Punishment for cheating.| |418|Cheating with knowledge that wrongful loss may ensue to person whose interest| ||offender is bound to protect.| |420|Cheating and dishonestly inducing delivery of property.| |421|Dishonest or fraudulent removal or concealment of property to prevent| ||distribution among creditors.| |422|Dishonestly or fraudulently preventing debt being available for creditors.| |423|Dishonest or fraudulent execution of deed of transfer containing false statement| ||of consideration.| |424|Dishonest or fraudulent removal or concealment of property.| |467|Forgery of valuable security, will, etc.| |471|Using as genuine a forged [document or electronic record].| |472|Making or possessing counterfeit seal, etc., with intent to commit forgery| ||punishable under section 467.| |473|Making or possessing counterfeit seal, etc., intent to commit forgery punishable| ||otherwise.| |475|Counterfeiting device or mark used for authenticating documents described in| ||section 467, or possessing counterfeit marked material.| |476|Counterfeiting device or mark used for authenticating documents other than those| ||described in section 467, or possessing counterfeit marked material.| |481|Using a false property mark. 482 Punishment for using a false property mark.| |483|Counterfeiting a property mark used by another.| |484|Counterfeiting a mark used by a public servant.| |485|Making or possession of any instrument for counterfeiting a property mark.| |486|Selling goods marked with a counterfeit property mark.| |487|Making a false mark upon any receptacle containing goods.| |488|Punishment for makinguse of anysuch false mark.| |Section |Description of offence| |---|---| |489A|Counterfeiting currency notes or bank notes.| |489B|Usingasgenuine,forged or counterfeit currencynotes or bank notes.| |II. Offences under|the Negotiable Instruments Act, 1881 (26 of 1881)| |138|Dishonour of cheque for insufficiency,etc.,of funds in the account.| |III. Offences under the Reserve Bank of India Act, 1934 (2 of 1934)|| |58B|Penalties.| |IV. Offences under the Central Excise Act, 1944 (1 of 1944)|| |Section9|Offences and Penalties.| |V. Offences under the Customs Act, 1962 (52 of 1962)|| |135|Evasion of dutyorprohibitions.| |VI. Offences under the Prohibition ofBenami Property Transactions Act, 1988 (45 of 1988)|| |3|Prohibition of_benami_transactions.| |VII. Offences under the Prevention of Corruption Act, 1988 (49 of 1988)|| |7|Public servant taking gratification other than legal remuneration in respect of an| ||official act.| |8|Taking gratification in order, by corrupt or illegal means, to influence public| ||servant.| |9|Taking gratification for exercise of personal influence with public servant.| |10|Punishment for abetment by public servant of offences defined in section 8 or| ||section 9 of the Prevention of Corruption Act, 1988.| |13|Criminal misconduct byapublic servant.| |VIII. Offences under the Securities and Exchange Board of India Act, 1992 (15 of 1992)|| |12A read with|Prohibition of manipulative and deceptive devices, insider trading and substantial| |section 24|acquisition of securities or control.| |24|Offences for contravention of theprovisions of the Act.| |IX. Offences under the Prevention of Money-laundering Act, 2002 (15 of 2003)|| |3|Offence of money-laundering.| |4|Punishment for money-laundering.| |X. Offences under the Limited Liability Partnership Act, 2008 (6 of 2009)|| |Sub-section (2) of|Carrying on business with intent or purpose to defraud creditors of the Limited| |section 30|LiabilityPartnershipor anyotherperson or for anyother fraudulentpurpose.| |XI. Offences under the Foreign Contribution (Regulation) Act, 2010 (42 of 2010)|| |34|Penalty for article or currency or security obtained in contravention of section 10.| |35|Punishment for contravention of any provision of the Act.| Section Description of offence XII. Offences under the Companies Act, 2013 (18 of 2013) |Sub-section (4) of|<br>Offer or invitation for subscription of securities on private placement.| |---|---| |section 42 of the|| |Companies Act,|| |2013 read with|| |section 24 of the|| |Securities<br>and|| |Exchange Board|| |of<br>India<br>Act,|| |1992|| |(15 of 1992)|| |74|Repayment of deposits, etc., accepted before commencement of the Companies| ||Act, 2013.| |76A|Punishment for contravention of section 73 or section 76 of the Companies Act,| ||2013.| |Second proviso to|<br>Carrying on business of a company for a fraudulent or unlawful purpose.| |sub-section (4) of|| |section 206|| |Clause (b) of|Conducting the business of a company with intent to defraud its creditors,| |section 213|members or any other persons or otherwise for a fraudulent or unlawful purpose,| ||or in a manner oppressive to any of its members or that the company was formed| ||for any fraudulent or unlawful purpose.| |447|Punishment for fraud.| |452|Punishment for wrongful withholdingofproperty.| |XIII. Offences under the Black Money (Undisclosed Foreign Income and Assets) and Imposition|| |of Tax Act, 2015|(22 of 2015)| |51|Punishment forwilful attempt to evade tax.| |XIV. Offences under the Insolvency and Bankruptcy Code, 2016 (31 of 2016)|| |69|Punishment for transactions defraudingcreditors.| |XV. Offences under the Central Goods and Services Tax Act, 2017 (12 of 2017)|| |Sub-section (5) of|<br>Punishment for certain offences.| |section 132||

Source: India Code