Legal Question in Real Estate Law in India
Im an Real Estate Agent. Some days ago I received a mail from a person from U.K who said that he wants to migrate to India and wants to look for a house here. I took the offer and started working for it.And some days later he told me that he is not able to trasnfer his funds from the bank and that he will withdraw the money from the bank. And he says that he is going to send the cash to me through a diplomatic courier company to my custody. He asked my name and full address and I provided the same. But now Im worried that there may be legal problems in it.I need your advice on this and what should be done further.
4 Answers from Attorneys
no, there is no way cash can be sent by him and he would be flouting the rules. better ask him to transfer the funds to your account in india. thats safer. he may not be a genuine buyer, dont fall in a trap.
I agree with the above opinion.
Foreign Currency payments can not be made in Cash and must route through proper banking channels.
As per the separate and special notification issued by the police department of AP,any emails and sms on mobiles related to any kind of help in the way of depositing cash into your account and sending cash thro any other means are to be considered as fraud and in line with the same issues the police have informed the general public that the mails you have received as such are to be considered as fraud mails.The fraudsters are by hook or crrok will try to trap innocents in different and various adopted methods.So firstly the mails you received as such are fraud and you don't have to worry about it at all.Moreover any phone calls starts with 44 are also to be considered as fraud calls.However its very much illegal as per FEMA to bring or send cash from and to any foriegn country.
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