sale of minor property
Karthik
(Querist) 19 February 2016
This query is : Resolved
After obtaining court order sale is executed and sale share money given in cheque to minors bank account s but the natural guardian does not completed court procedure after sale will there any problem for buyer after sale
Court order issued in name of natural guardian ( father). Property in the name wife she was experied already
ROHIT SHARMA
(Expert) 19 February 2016
1. This is O.K. The sale need not exclusively be done through the orders of the court.
2. The natural guardian can in interest of the minors can sell the their property and which has been apparently seen to be done and the sale proceed deposited in the bank accounts of the minors.
Rajendra K Goyal
(Expert) 20 February 2016
What portion of court procedure was not completed by the natural guardian?
Show all documents to local lawyer and discuss.
Karthik
(Querist) 05 March 2016
Sir
Natural guardian did not submitted the proof of evidence of deposits to court.
I having doubt that whether he cancelled his minor children deposits accounts
Will be there any problem for buyer
Karthik
(Querist) 05 March 2016
Sir
Natural guardian did not submitted the proof of evidence of deposits to court.
I having doubt that whether he cancelled his minor children deposits accounts
Will be there any problem for buyer
