Property
Guest
(Querist) 30 May 2013
This query is : Resolved
Q)My Grandfather sh. B.k gupta purchased a house in 1958 by his own income. in 2006 he died without making any will. after that wife of sh B.k gupta divide the house by way of mutual settlement amongst her sons. all the sons spend huge amount on the renovation of their respective share. now i want to know does that house is ancestral for the respective share holders or self acquired in the eyes of law? can grandson or great grandson of sh. B.k gupta claim right over that house? mutual settlement is duly registered. whatdoes hindu succession act says in such case?
Raj Kumar Makkad
(Expert) 30 May 2013
The house was otherwise also a personal property for the legal heirs of Mr. Gupta on his death as he died intestate.
After settlement and partition, the same property has become self acquired of all the sons of Mr. Gupta and so the grandsons or great grandsons of Mr. Gupta have no claim thereto as on day.
Guest
(Querist) 01 March 2014
Q)in continuation of the above cited query if any shareholder sell his respective share and purchase another house or property what will be the status of that purchased property in the eyes of law? self acqired or ancestral can coming generation claim on the pretext that new property have been purchased by selling old property?
