Can PPF of a person chargeseeted for disproportionate assetts be attached by court ?
Ashok aggarwal (Service) 03 June 2009
Can PPF of a person chargeseeted for disproportionate assetts be attached by court ?
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.
© 2024 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
