Partition act
purushottaman
(Querist) 31 July 2012
This query is : Open
single dwelling house whree familymembers ar coowners. one of thefamily membes has soldhis share to a person who is not a memebr of the family, a stranger totally., the family membes have availe a stay and has prevented thestranger/transferee in getting possession/entry into the property. he has now filed a suit for partition. the family membes are clear that the property should be retained as asingle swelling house in memory of the "grandfather" and where teh famly memebrs could meet periodically. The stranger has purchased his hsre for 9 lakhs as per the document. In case of the court decrees the sale of his portion to any of the famly member indivudually or severally, what could be the upset pricew that the courtr could decide. AFter the stranger transferee has investsed in this share knowing fully well the facts and the provisions of the law. Should the other co-owners have to pay the price for a bad investment or the stranger transferee pay for the loss in hi sinvestsment ?
