Amendment status not verified — confirm the current text below against the official source.
In default of claim, property to be at disposal of Government :– (1) If no person establishes his claim to such property within the period specified in the proclamation, the property, or such part thereof as has not already been sold under sub-section (2) of Section 62 may be sold by be at auction under the orders of the Commissioner and the proceeds thereof shall disposal of be credited to the Government. (2) If any claim is made to any proceeds credited under sub-section (1) to the Government and if such claim is established, whether wholly or to any extent, to the satisfaction of the prescribed authority, the Government shall pay to the claimant the amount determined in that behalf by the prescribed authority. (3) The form and manner in which claims may be made under sub-section (2) and the procedure for dealing with such claims and all other matters connected therewith shall be such as may be prescribed. 33 CHAPTER - IX OFFENCES AND PUNISHMENTS