A,B,C,D,E (Hindu family) Joinntly held property inherited from family.
The property was sold to F (Real Estate developer) in october 2010.
During the time ,the sale was done,
1. C had minor daughter . This was mentioned in sale document and her share was deposited in FD in a Bank which was also mentioned.
2. D's wife was pregnat : This was mentioned in the document. But no mention of share for this child.
The document has para where in the Guardians mention that this property is free from minor rights and any such issue if occurs the sellers are responsible.
As widely practiced rule, F did NOT force the sellers for court permission before doing the above transaction.
Now, F, wanted to sell the property by developeing this in to plots.
The individual buyers of plots from F , approached various adocates for legal opinion and the minor rights issue has come up. Now , F says he is going for a court permission . Latest news, as per his assistant is that, they got Court decree regarding this.
My question is
1. Is it possible to get such a court permission post sale ?
2. As you may see from the above, the minor rights issue is related to sale transaction between ABCDE and F. If at all court decree is available , will it be safe to assume that, minor rights issue is a closed chapter or is this decree (given post sale transaction) can be contested by the minor later at a higher court.
