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Ashok aggarwal (Service)     03 June 2009

PPF

Can PPF  of a person chargeseeted for disproportionate assetts be attached by court ?



Learning

 1 Replies

A V Vishal (Advocate)     03 June 2009

Dear Ashok,

Deposits in PPF account are not subject to any attachment under an order or decree of Court. In other words, if the investor is involved in a legal dispute, then a court of law cannot attach or question the money in the PPF account as is the case with other personal property.
 

 


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