Drt notice as legal heir

varun (Querist) 02 November 2015 This query is : Resolved
Hi,
My marriage was solemenised in the month of dec-08. My brother-in-law took a business loan of Rs 150lac from PNB under equitable mortage. For this loan My father-in-law twas guarrantor. My father in law passed away in the month of april-2015.
Bank reovered 110 lac by sale of property of borrower i.e. My brother-in-law. Now my wife has received a notice from debt recovery tribunal under rules 12 and 13 of debt recovery tribunal(procedure). Please educate me what should i do in this case as we have not received nor claimed any asset, movable or immovable property by transfer of will or by another means from my in-laws neither we were involved in any businesses dealings with them post or before marriage.

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kavksatyanarayana (Expert) 03 November 2015
@author, as your father-in-law a guarantor, and is no more and hence the DRT give notices to all his legal heirs(as per HSAct) though you have not involved in their business. consult an experienced local lawyer to put forth your objection before the DRT.