Self acquired property division of my mother
ramakrishna.r.b
(Querist) 09 April 2013
This query is : Resolved
My Grand father (mother's side)took loan of Rs 2000/- from his daughter (who happens to be my mother) when my grand father was ill, sometime during 1947-1950. He could not repay this loan instead he sold some property belonging to his fater( my great grand Father) to my mother in exchange of the loan taken, in 1954. This property has become my mother's self acquired property. My mother has got 6 children 3 sisters and 3 sons. All 3 Daughters borned before 1950 and all 3 sons borned from 1950 onwards (including me ). My mother died intestate in 1996. Now we are selling the self acquired property of our mother. My father died in 1994. As per law how this sale proceed has to be distributed. Who gets how much share ?
Incidentally my 2nd elder sister ( among 3 sisters stated above)died in 1999 leaving her 2 childrens who are sons. Does these 2 children of my sisters who are our nephews get any share in the sale proceeds of my mothers self acquired property, if so, how much ?
This property is in Bangalore.
I request experts to answer me so that it should be haslle free.
Thanks to all expert lawyers well in advance