Provincial Insolvency act, 1920 (Minor Share)

pratik (Querist) 16 July 2010 This query is : Resolved
A Joint Hindu Family consisted of father (as Karta) and his son, a minor, as coparcener. The father was declared insolvent in 1947. The official receiver sold the entire property of the J.H.F. including the share of the son. Is the sale of son’s share valid? Without the premission of the court ?

Pls tell me pls

Thanks In Advance.

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Devajyoti Barman (Expert) 30 October 2010
Ii is to be seen first , what was the reason of the loan. Unless the loan taken for the common benefit of the HUF the same is not binding upon the coparcenars.

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