One of my friend defauled loan of 30 lakhs .
Court is about to issue attachement orders on his property and other asseats .
Here is my question about procedure :-
He has house in his name which is worth 10 lakhs
He has 4 lakh in his provident fund &1 lakh in Ulip product of insurance .
"As the property is on his name ,But there are other people living with him to , His wife , his sister and mother , So if attachment orders come will his mother/sister/wife Bring Jewellery or ornaments with them or there jewellery will be attached to and sold to recover dues ? her wife got 200 grams jewellery during maarriage from her relatives as well as my friend;s relatives , As they were as gift she donot have anything written /proof that it is her jewellery .In 99.99% of marriages women just get jewellery from her mom as well as husband's mom and other relatives , most of such jewellery is from succession of grand parents and women often get it modified with local jeweller with latest designs ... so often such jewellery have no bills nor someone care about it during harmonious moment of marriage ". Similary her mom and her sister collective jewellery is about 150 grams to ? is there any threat to women's jewellery during attachment of house ?
Also he has given a bike to her sister on raksha bandhan which is on her sister name , Can it be attached too ?
How is the attachment procedure done , And other people living in house are allowed to bring their goods with them during attachment ? and how do they differentiate which commodity belongs to accused and which to other people ?
Can Ulip (insurance) premium attached towards discharge of debt ?
Thanks
