Ancestral property


SELF EMPLOYED

 

Great grand father- completed partitioning during             1968. 

Grandfather still holding his share of inherited property along with acquired property in my mother's name which is enjoyed in common.

Keeping my father in dark my grandfather is  trying to transfer it in my father's brother name through settlement/will,....Is it possible?

 
Reply   
 
KVO Merau Kutchh

For family settlement of ancestral property, consent of all the members is must. Otherwise it will be disputable asset ......

 
Reply   
 
SELF EMPLOYED

Sir,Request your inputs.I want to know whether the property is still ancestral or it loses its status once my grandfather gets his portion in his name.
 
Reply   
 
KVO Merau Kutchh

It remains ancestral.......

Other type is self-earned, which is not the case here.....

 
Reply   
 
SELF EMPLOYED

Sir,Thanks for your prompt reply.
 
Reply   
 
KVO Merau Kutchh

Most Welcome ....

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU