Saving huf property
nitya chandra
(Querist) 16 September 2014
This query is : Resolved
Respected Sirs,
My father has mentioned our present home, an office (given on rent) and a land (jointly owned by mother and father) in HUF. Since he has denied to give any expenses to us(daughter and son) including the education, I want us to be secured financially (including my mother) by asking for HUF partition. Earlier my father has also sold out ancestral property in 85 lakhs (in sale deed 35laks is mentioned) and have also reduced the HUF bank account to almost zero (he has chnaged bank accounts many times by opening the account into different bank). I am afraid that he will sell these properties too because he has already said that he will make us people to beg on road.
My doubts are:-
1) IF we ask him for partition, then what if he transfers maximum property in his name? (I dont want to loose the house because we have no other place of residence)
2) Apart from partition, What else can we do to save the property? (some lawyers here say that without our consent nothing can be done, some say he can do anything with it.)
3) On what grounds he can sell the property without our consent?
(he is a CA and he is good in manipulation)