A, B & C were brothers belonged to hindu undivided family, they had three immovable ancestral properties at various locations, and they had joint business firm. In 1954 due to differences they came to a conclusion for a final settlement with regard to the immovable properties. On going through the accounts they found that the share of assets of B & C was equal to the share of liabilities in joint family business firm. So, B & C found that it is not possible for them to continue as co-sharers of immovable properties. So, they executed a release deed in favour of A ( A had four minor male issues namely W, X, Y, Z, at that time) and gave up all rights and interests in entire immovable properties for which each of them received Rs.4ooo/- as consideration from A. After few years out of these three properties A sold two properties for Rs.16,500/- for the purpose of clearing ancestral family debts, for investment in joint family business firm,etc, A 's one son W had become major at that time. In 1995 A made a registered will on remaining single property in favour of his three sons W, X, Y,only. Now dispute is between left over (from will) son Z and W,X,Y about the charectristic of the property. W,X,Y are contending that since there father A had paid consideration of Rs.4,000/- to B amd C the remaining single property is self acquired property of there father and property should be shared by themselves as per will. Where as Z is contending that the property is ancestral and his father cannot will it, so even he has rights over the property. Z is my father in-law. My question is- by paying consideration to B and C did the entire ancestral properties really became self acquired properties of A? With regard to male issues of A what is the charecteristic of the property? please clarify.
