504. (1) If no person within such period establishes his claim to such property, and if the person in whose possession such property was found is unable to show that it was legally acquired by him, the Magistrate may by order direct that such property shall be at the disposal of the State Government and may be sold by that Government and the proceeds of such sale shall be dealt with in such manner as the State Government may, by rules, provide.
(2) An appeal shall lie against any such order to the Court to
which appeals ordinarily lie from convictions by the Magistrate.
Bharatiya Nagarik Suraksha Sanhita, 2023
Section 501 Destruction of libellous and other matter
Section 502 Power to restore possession of immovable property
Section 503 Procedure by police upon seizure of property
Section 504 Procedure where no claimant appears within six months
Section 505 Power to sell perishable property
Section 506 Irregularities which do not vitiate proceedings
Section 507 Irregularities which vitiate proceedings
Section 508 Proceedings in wrong place
Section 509 Noncompliance with provisions of section 183 or section 316
Section 510 Effect of omission to frame, or absence of, or error in, charge