A - Father
B - Grand Father
C - Uncle
D - Heir (Son of A, Grandson of B)
X - Daughter of A, Sister of D
An Residential Plot (40Cents) is purchased mutually in the year 1990 by A,B,C & D. D is aged 21 at the time of purchase.
A & B has expired in 1999 & 97.
A has a son & daughter, B has 2 sons A & C
C has released his entire rights on this property to A in the year 2006.
now A's daughter is asking for a equal share(40/2 Cents) in the property.
Aside A has taken a bank loan on the property in the year 1993 for 3 Lacs, bank has sent a legal notice to D in the year 2010 for an auction. D settled the issue in the year 2011 with bank for 12 Lacs.
D has developed the property and constructed 2 Duplex houses in some space after 2011. D approached the bank for a loan to build a commercial complex, now bank is asking for a legal right on the property.
D offered 1/4 (10 Cents) of the property to X, X is asking for 1/2 (20 Cents).
A's Daughter is threatening to approach the court if she is not given the equal share.
Can someone clarify what is X's share in the property and bank loan which D has cleared in the year 2011.
Kindly please provide some solution, how to proceed further in this case.
I dont want to fight with my sister and want to know legal angel of this case before proceeding further ASAP!
Thanks in advance