Ancestral suit v/s purchaser
Hello sir,
i am dealing with case since last 5 years. my dad who is no more by now was addicted to drinking. under the influence of alchol he has excecuted 4.6 gunta's of na plot to purchaser at a minimal amount of rs 50000/-. The property valuation by then were way high then the consideration amount. Not a single penny out of this sale deed had benefitted family needs. it was a deliberate attempt of cheating my dad who was behaving insane due to chronic addiction to alcohol.
Not just that consideration as mentioned in deed as rs 153000/- was not as per standard valuation rates as prescribed by Govt of karnataka stamp duty 1957 45 b.
The said property is incurred through my grand father to my father in the year 93-94. No signature / consent had been obtained by alleged buyer before dealing from me, mom and sister.
will he be called a banafide buyer? what
Asked 8 years ago in Property Law
Religion: Hindu
The Property was passed on to my father during the year 93 vide partion deed between his parents and brothers.The sale deed was executed on apr 1 2008, My father demised later in the year 2012 way after my sister filed partion suit in 2010 demanding her legitimate share out of alleged sale who was to be a minor by then followed by one more sis. Since nothing much was left for future turbulent times and the consideration has not been shared among coparcners depite seeking for the cancellation or her share with eldery committe of town by arbitration the case is at its place.
Asked 8 years ago