apple (student) 03 March 2012
Dear Members,
Suppose ‘A’ purchased house from ‘B’, after some years B was arrested by ACB while taking bribe. In interrogation he revealed all his assets purchased through bribe money.
My question is that the house sold to A will be seized by police or not.
Thanks & Regards,
Ambika Prasad Mishra (Lawyer) 03 March 2012
Simply the answer is "NO".
Advocate Bhartesh goyal (advocate) 03 March 2012
If house was purchased by A through registered sale deed ,then police , ACD or Income Tax Dept can not seize or take over the possession of house .They can inquire from B regarding the money invested to purchase the questioned house.
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