nishu (prop.) 26 February 2010
i am a jeweller i bought some loose diamonds from a agent on cash but without any bill ...the agent didnt paid amount to his provider.... the provider filed a case against him..police caught hold him and came to me for verification whats my fault? and can i do? am i also guilty?
Suresh CSLLM (Service) 26 February 2010
According to me you are not guilty as you were not aware about original provider and arrangment between seller and his boss/principle. In any case bona fide purchaser.
You simply explain that you purchased the diomonds and that fellow not provides any bill although requested.
Suresh
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