I have purchased a land from Mr. A in 2002. This land is a property of a partnership firm registered in the year 1976. Mr. A & Mr. B is the partners of the firm and the land is pledged with bank and after 2 years the partnership is dissolved in the year 1978. As per the dissolution deed Mr. A takeover all the assests and liabilities of the firm, and he clear the bank debts and also entered in a memorandum of understanding in 1990. In this he clear all the EM properties and tittle deed, registed Mr. A is the absolute owner of this property.
In above said matter, , now i have try to sale this property. Buyer ask to rectification deed from Mr.B. Mr. B is a Karta of HUF. His daughter or any other leagal heiers has any right to take action against this property sale ? This issue made before 30 years, after this long period now any of his legal heier have approch the court to stop the sales proceeding , it has any legal validity?
Kindly send a reply, it most urgent