When was the Fugitive Economic Offenders Act passed by the Indian Parliament?
2018
The Fugitive Economic Offenders Act aims to deter economic offenders from evading Indian courts by staying outside India.
It was passed by Parliament in July 2018 and received the President's assent on 31 July 2018, replacing an ordinance issued earlier that year.
It applies to offences involving at least ₹100 crore and allows a special court to declare a person a fugitive economic offender and confiscate his property.
Hence, 2018.
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