Hi,
My name is karthik, Below is my query.
Let me give an idea about the whole problem.
We have a property which came from my Great Grand father's Father. My Great Grand father had 4 siblings, he made a cash settlement to them and got hold of the Property and gave the same to his son's, i.e My Grand father and his brother, they in-turn made a partition as below.
2511sq.ft Property which is divided between 2 Brothers(My Grand father and his brother).
During the time of this above partition both of them wrote 50% to there respective sons and kept the other 50% on there names.
Now in this case my Grand father is died and eventually the 50% in his name comes to his Hiers(i.e My Dad, My Grand Mom and My 2 Aunts)
In the total 2511 sq.ft, 1255.5 Sq.ft belong to our family, in which my Dad already holds 50% i.e 627.75 Sq.ft, the other 627.75sq.ft belongs to my Grand father, since he is no more it eventually goes to his hiers(i.e My Dad, My Grand Mom and My 2 Aunts)
My Grand Mom and one of my aunt gave a Release Deed in favour of my Dad for which we gave a compensation and after that my aunt alone goes and cancels the deed.
So just want to know that if there is a possibility to Do so? please let me know.
Thanks in Advance!
