The first owner was one Mr Rai, he bought the flat in 1985 from the builder. He was supposedly involved with manufacturing narcotics. He sold the flat to someone called Bagla in July 1990 (sale deed dated 30 July 1990, share certificate transferred on Feb 1991) Rai was arrested in November 1990. Subsequently the govt passed an order to freeze all his assets. The second owner Bagla seems to have come to know of this, and had got an order from the court that since the flat was sold before Rai's arrest and before freeze order therefore this flat cannot be seized or frozen. Bagla then sold the flat to one Sandeep in 1994. I purchased the flat from Sandeep in 1996. I did not know what was the history of the flat. Broker took me to see the flat. The owner Sandeep was not living in our. Flat was empty. Owner gave me the documents. I took them to HDFC for them to scrutinise the documents as I had applied for a housing loan. HDFC took a week to check. the papers and then granted me the loan. The Society also issued me an NOC as per HDFCs requirement. I availed the loan and purchased the flat in 1996.
The original chain of documents is with me now as I have finished paying back the loan to HDFC.
The share certificate was on Rai's name, the society has then transferred it to Bagla in 91, then subsequently to Sandeep in 94 and transferred to me in 97, it is now in my name. All transfers were done with consent of all members at respective AGM.
I have been living here peacefully paying all property taxes, maintenance etc.
Society has said they have never received any communication from any govt departement regarding this flat that it was in any dispute etc.
Only a few days ago a man came to the society claiming to be from the Narcotics dept appraised the building secretary about the case against Rai. The secratary told him Rai was no longer the owner. But he insisted that the flat must be siezed as per govt orders.
I am really worried and very alarmed.
Please advice what to do and how to respond.