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Sagar   05 January 2016

Seeking help on agricultural land issue

Hello Experts

I need help on below scenario.

There is a family consisting of a father, 3 sons, 3 daughters. all of the children are married. The father runs a HUF business and is a Karta of HUF. After first son became adult father has given some money from HUF pedhi to him to start a business. 2 out of 3 sons(i.e Son1 and Son3) were the partner of that new business and Son2 was working with father in HUF firm. 

Now after few years son1 decided to buy an agricultural land. As the wife of son3 was Khatedar, So all decided to buy the land on her name. Money for buying land were taken from partnership business firm.  

As days passed the bond of trust dissolved, son1 and son3 doesn't have a good relations now.

What does son1 should do to get back his portion of land ? 

 Is there any way son2 can have a share from that land ?

Please advice

Thanks

Sagar



Learning

 2 Replies

Adv. Yogen Kakade (+ 91 9225510883)     05 January 2016

What were the terms decided when the money was given to the son 1.. was it merely a loan with interest terms to start a business or was it to have another HUF business?

Sagar   05 January 2016

There were no such deed or agrement happened at that time. The intention was to grow the family business and the father thought that his son should get settled.

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