Upgrad
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Krishna Rocko   26 March 2022

Hello great lawyers of india i need your help and advice !!

MY GRANDFATHER OWNS A COMPANY WHO WAS ALSO THE MD OF THE COMPANY  AND THE BUILDING IS ALSO OWNED BY HIM, MY GRANDFATHER HAS TWO DAUGHTERS AND THREE SONS , IN THAT MY MOM IS THE FIRST BORN AND ELDEST OF THEM ALL, THE COMPANY THAT IS RUNNING BY MY GRANDAD HAS RECENTLY PASSED AWAY , AND HE WAS THE ONE WHO USE TO COLLECT THE RENT OF THE COMPANY,  COMPANY THAT HE GAVE IT FOR RENTAL PURPOSE  ALSO THE RENT OF THE HOSPITAL IN GROUND FLOOR (COLLECTS BOTH COMPANY RENT & HOSPITAL RENT) FROM HIS BUILDING , NOW SINCE HE HAS PASSED AWAY , BUT THE BUILDING IS ON HIS WIFE'S NAME , EVEN THE GRANDMOTHER HAD ALSO PASSED AWAY 2 YEARS BEFORE MY GRANDAD RECENT DEMISE ,  NOW APPARENTLY HIS YOUNGEST SON HAS BEEN BROUGHT AS THE MD OF THE COMPANY. NOW MY QUESTION IS, WILL THE RENT OF COMPANY AND HOSPITAL SHOULD BE EQUALLY DIVIDED AND SHOULD BE GIVEN TO ALL THE CHILDRENS OF MY GRANDDAD AND GRANDMOM ?? SHOULD BE EQUALLY DIVIDED BETWEEN ALL 5 CHILDRENS ??

PLZ HELP ME AND SEEKING FOR YOUR GREAT ADVICE AND PLZ HELP ME LAWYERS

BECOZ MY MOTHER WHO IS THE ELDEST AND ALSO A WIDOW IS BEING CORNERD BY HER OWN BROTHERS ?

PLZ GIVE ME IDEAS AND YOUR THOUGHT AND WHAT SHALL BE DONE

THANK YOU  



Learning

 1 Replies

shraddha Easwaran   24 April 2022

Dear querist,

As per law, you first need to find whether your grandad has given any will or not. If yes, then the terms and conditions of that will would apply and prevail. If there is no will, then the entire property, company, salary, and rent might get divided between 5 children.  Additionally, it is to be noted, that if the business is a sole proprietorship, then it may get terminated.

Thankyou,

Shraddha.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register