My father gave money to his brother in law 30 years ago for a higher than bank offered rate on a compound interest basis, however the interest was not paid and the money also was not returned or repaid to my father. because of relationship my father did not file any case on his brother in law, last month the brother in law (the borrower) passed away. now we came to know that the borrower has purchased many properties in different cities and not repaid the money to lenders intentionally, this amounts to cheating, non payment of principal and non payment of interest. the limitation act says if the amount is more than 3 years outstanding case cannot be filed. is there any other legal remedy available so that we can get the money back by bringing a stay on the borrowers properties or any other way out for recovering the money. settlement route as failed as the 2 daughters of the borrower are not willing to pay the money. ever the borrowers wife is not willing to repay the debts. is there any way to file the case now as the case involves money lent by cheques and interest and money lent are outstanding for more than 30 years now.
thanks
