Ancestral property share status
Priya Mengaji
(Querist) 17 September 2011
This query is : Resolved
Hi,
I need to know more about an Ancestral Property share given/received by the Second Son inherited by his forefather in a family settlement by way of Consent Decree agreed between his siblings in 1950 in State of Maharashtra,Mumbai .
Does the Ancestral Property Share cease to be termed or recognised as Ancestral in Legal Terms once the division is done ?? What about the legal inheritance right of his children??.
Can this Son who has received the Ancestral share bequeath his property by making a Will or a make an exclusive HUF in 1984 to defraud/disclaim his married daugthers by misusing the Provision of HUF prevailing at that time and give the entire share to equally to his youngest son & unmarried daughter??
The 6/12 extract of land on which this ancestral property/building stands till now states it as ancestral and the property card of the building also refers to it as ancestral in 1950.
How can a ancestral share be used by the son receiving it dispose it by fraudulent HUF/will ??
Regards,
Advocate Rajkumarlaxman
(Expert) 17 September 2011
WHy was the decree made out?. what was disputed earlier to come to consent decree. please clearify
girish shringi
(Expert) 23 September 2011
Better you put full query at once or visit my profile and send the detail at my mail,so it will be much more helpful.