Payment to innocent purchaser of money found on accused
AI Assist
Summary
When a person is convicted of theft or receiving stolen property and it is proved that someone else bought the stolen item from them without knowing it was stolen, the Court may, on the buyer's application and after the stolen item is returned to its rightful owner, order payment to the buyer from money seized from the convicted person. The amount cannot exceed the price the buyer paid and must be paid within six months of the order.
Example
Rohan buys a secondhand bicycle from Arjun for Rs 3,000. Later Arjun is convicted of theft and police seize Rs 5,000 from him at arrest; the bicycle is returned to its rightful owner. Rohan applies to the Court and may receive up to Rs 3,000 from the seized money within six months of the order.
Bare Act
Enacted textWhen any person is convicted of any offence which includes, or amounts to, theft or receiving stolen property, and it is proved that any other person bought the stolen property from him without knowing or having reason to believe that the same was stolen, and that any money has on his arrest been taken out of the possession of the convicted person, the Court may, on the application of such purchaser and on the restitution of the stolen property to the person entitled to the possession thereof, order that out of such money a sum not exceeding the price paid by such purchaser be delivered to him within six months from the date of such order.
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