father burden

raghavendra (Querist) 27 October 2010 This query is : Resolved
sir,
i belongs to muslim , my father took 3 lakhs amount from the bank for bussiness purpose , now he expired without paying laon amount,

we have some ancesteral property can bank claim loan amount on this property

and can bank claim loan money from my self earned property

can i get some releveant judgement

thanking you in advance

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Devajyoti Barman (Expert) 27 October 2010
If the loan was secured loan then only the Bank can take any action against that property . Otherwise it takes a lot of time till the bank gets a money decree and try to attach the property in execution of the decree.

s.subramanian (Expert) 29 October 2010
Yes.

Sri Vijayan.A (Expert) 29 October 2010
Agree with Mr.Barman

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