Legal ownership of my earned money
Ganpath Dani
(Querist) 26 October 2016
This query is : Resolved
Hi,
I am in a job for more than 11 years and have some savings through my salary. To avoid repeated family disputes with my wife, build trust, manage domestic harmony and peace I added her as a joint account holder in my savings account in ICICI bank. This was not enough for her so I opened another personal bank account in ICICI bank on her name, transferred major portion in her account and created FDs. She also have another individual account in PNB where money earner by is kept in FD, another account in Laxmi Vilas bank, some portion of money again earned by me is kept in both savings and fixed deposit form.
Though she is a graduate and was into a job before marriage, she does not possess enough skills to handle banking through channels like internet websites and mobile apps. I used to monitor and transact on her behalf.
During a recent argument during domestic dispute I told her that I would be transferring money to my account, she agreed, I liquidated FDs in ICICI bank and got this transferred to my individual bank account. Considerable amount is still laying in Punjab National Bank and Lakshmi Vilas Bank. Before I could do that, again under guidance of someone she is again disputing on money which is already transferred and warned me not to transfer remaining money. Direction of this family dispute is now going towards divorce.
My questions are:
1 - Can she raise a complain against me for using her internet banking user id and password
2 - Is there a way I can demand ownership of remaining money
3 I am also fine if the remaining money be shifted on my son's name (Minor) where I will be the guardian.
Kindly extend your guidance and let me know if you need any further information.
Thanks
adv.bharat @ PUNE
(Expert) 26 October 2016
1)No idea about what she will do.
2)U can request her for the remaining money.
3)It depend up on the settlement condition.
If u appreciate my answer then will you give THANKS on my Profile?
Kumar Doab
(Expert) 26 October 2016
You can not operate any account that is not yours.
Rest discuss with your own counsel at your location.
Rajendra K Goyal
(Expert) 26 October 2016
1 - She can raise a complain against you for using her internet banking user id and password.
2 - Money in her account belong to her, you have no claim on it.
3 In the present situation there seem to be no reason for her to agree to your proposal.
Try to save money for litigation, seem to be faced by you for divorce, if no amicable settlement take place.
Guest
(Expert) 26 October 2016
So, your own money is the cause of peace in family and causing a situation of divorce also! Strange situation! In fact your story has become more of hypothetical nature than a real problem.
Your questions are also strange. How the experts can predict, what she can do against you. You may be knowing her attitude better. However, if the transfer of money in to your account has created a situation of divorce, she can do anything against you, not merely a complaint.
If transferred to her personal account, you cannot claim that money as yours. Also, it is her own discretion whether she transfers money in your son's name or not. You can't compel her.
However, if she is satisfied with only money for the price of peace, re-transfer the funds in to her account and avoid depositing any more money in her account in future. Else, better get divorce, if she is of such a nature.
Kumar Doab
(Expert) 26 October 2016
Resolve amicably.
You have a young son also to mind.
Rajendra K Goyal
(Expert) 27 October 2016
It would be better for all to have amicable settlement.
