Buy property in violation of Fema Act

#1 Sep 21st, 2010, 01:59
Join Date:
Sep 2010
Location:
Europe
Posts:
1
  • Ilayavan is offline
#1
What can happen after having bought a property in India in fully violation of the FEMA ACT? Please help me
#2 Sep 22nd, 2010, 19:35
Join Date:
Sep 2008
Location:
Varies, currently in D.C.
Posts:
2,382
  • dillichaat is offline
#2
Something almost as bad as what can happen if you ask legal advice on a forum like this and follow it. Go see a good lawyer.
#3 Sep 22nd, 2010, 20:06
Join Date:
Sep 2005
Location:
styx
Posts:
21,574
  • capt_mahajan is offline
#3
Only thing I know

-FEMA is easier than the earlier FERA, where many(most?) offences were criminal.
-The property can be confiscated under FEMA.


but you need a good lawyer, yes.
.
This is computer generated drivel. No signature is required.
#4 Sep 22nd, 2010, 20:11
Join Date:
Mar 2007
Location:
Jaisalmer
Posts:
9,275
  • Aishah is offline
#4
And on this note the thread is now being closed. India Mike is not a forum to help people who get into legal difficulties, and try to find ways around them.

You have your answer with the two replies already given.
Every cloud has a silver lining!

Similar Threads

Title, Username, & Date Last Post Replies Views Forum
Now we can buy property in Himachal Sep 17th, 2012 19:02 92 54466 Himachal Pradesh
Property buy/sale sites Jun 21st, 2010 04:39 0 3209 Property in India
Wanted to buy a property in India Jun 12th, 2010 03:02 3 1213 For Citizens of Other Countries - Visa and PIO/OCI Questions
Can Foreigners buy property in India Mar 24th, 2010 15:13 43 26468 Property in India
Seeking to buy a property in Goa Jun 7th, 2009 22:09 23 2712 Goa


Posting Rules

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
Forum Rules»
Trackbacks are Off
Pingbacks are Off
Refbacks are Off
Thread Tools
Display Modes

Search Engine Optimization by vBSEO 3.3.2
© IndiaMike.com 2018
Page Load Success