Cancellation of transfer deed under ,status of bank loan
Satya nand aggarwal
(Querist) 06 February 2021
This query is : Resolved
Son got the house property from parents by transfer deed without mentioning any condition to look after and the son. Son further sold it to A. A took a loan from the bank and the lien of the bank was marked in the revenue record.
My questions are
whether the parents can get the transfer deed declared as void under section 23 of the Maintenance and Welfare of Parents and Senior Citizens Act 2007 even the sale by their son to A?
What will be the status of the sale deed in favor of A ?
What will be the status of the bank who advanced the loan to A ?
kavksatyanarayana
(Expert) 12 February 2021
As per your query, son sold his property to A. so the parents cannot claim the property but it is the duty of a son to look after them. And also compulsory as per Maintenance & Welfare of parents and senior citizens act. If not file a case against such son.
