What is the way the property is distributed after divorce case when the property is taken after the marriage and is held in joint name.
Property was worth 50 lakhs
Husband paid 20 lakhs
Wife paid 8 lakhs
and rest 22 was taken on loan by Husband-wife jointly.
So if now property is sold at 80 lakhs
Bank takes away their 22 lakhs
how remaining 58 lakhs will be distributed between husband and wife.