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Purchased property from a women whose husband is accused of financial


21-Jun-2023 (In Property Law)
Dear Sir/Ma'am, Around 6 months ago we purchased a residential property from a woman. Recently we got to know that the husband of that women is co-accused of a serious financial fraud and is booked under Sections 409, 420, 465, 467, 471, and 120-B IPC and Sections 7.13 (i) (c) & (d) and 13 (2)/14 of Prevention of Corruption Act, 1988 by the Vigilance Bureau of Punjab. The case is also being investigated by the Enforcement Directorate. The property was purchased by that woman from another party in the year 2011 and her husband was facing the trial under the above-mentioned sections during that time also. I want to know that is it possible the investigative agencies or any other government body might attach the property. Thanks a lot in advance for your assistance and advice.
Answers (2)

Answer #1
993 votes
The answer to your query is dependent upon the factum of the nature and manner of transfer of ownership of the said property, how the sale took place, what documents were executed, how was the consideration paid etc.
Further and better particulars are needed for an effective opinion.
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Answer #2
977 votes
If you have the correct paper trail of your property, then your property cannot be attached. The property is in your name and you have acted bonafidely while purchasing that property. No govt authority can attach your property in any manner subject to the fact that you have the correct and all the documents of your property!
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