They approached the apex court challenging the order of the Delhi high court, which had turned down their plea against the order for seizure of their properties in Mumbai under the Smugglers And Foreign Exchange Manipulators (Forfeiture Of Property) Act.
The Act provides for forfeiture of "illegally acquired properties" of smugglers and foreign exchange manipulators and their kith and kin.
The petitioners pleaded that they were not duly served the forfeiture notices and so the subsequent proceedings to attach their properties at Nagpada in south Mumbai were illegal and they should be given a fresh chance to challenge the forfeiture notices.
One of the forfeiture notices was issued under the SAFEMA on July 14, 1998.
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