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Auction proceeds go to Govt exchequer if:

A. Convicted
B. Acquitted
C. Both
D. None of these
Correct Answer: A. Convicted

Foundational Concept: The disposition of auction proceeds from seized property upon conviction is a standard legal consequence, often serving as a form of penalty, forfeiture, or restitution, and ensures that the state benefits from the proceeds of illegal activities.

Correct Option Explanation: The correct answer is Convicted. If an accused person is convicted of the charges, the proceeds from the auction of any seized property related to the case are transferred to the Government exchequer. This is a common legal provision for forfeiture of assets derived from or used in criminal activities.

Distractor Analysis:

  • Acquitted is incorrect because if acquitted, the proceeds are returned to the accused. Both is incorrect as the outcome (conviction or acquittal) determines the destination of funds. None of these is false, as there is a clear legal provision for this scenario.

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