🔷NDPS Act - Confiscation of hypothecated vehicle involved in NDPS offence - A financier under a Hire Purchase Agreement cannot be considered as the “owner” of a vehicle for the purpose of confiscation proceedings under the Act 🔷NDPS Act - Confiscation of hypothecated vehicle involved in NDPS offence - On confiscation, confiscated property becomes the absolute property of Government - Hypothecation of vehicle in favour of financier will get extinguished on confiscation of the vehicle 🔷NDPS Act - Confiscation of hypothecated vehicle involved in NDPS offence - It is the absolute right of the purchaser of confiscated vehicle from the Government to remove the previous hypothecation endorsement from the Registration Certificate *2025 KHC OnLine 589*