Partition & shares
O. Mahalakshmi
(Querist) 13 November 2009
This query is : Resolved
There are A, B & C brothers. A & B worked hard in the fishing boats field and earned more money and at that time C who is the youngest brother maintaining the boats and cash. Then 'C' himself purchased properties like Agricultural Lands, Plots and some other boats on his and his wife and son's. But A & B are illeterate. Can A and B get any share from 'C's property.
Kindly advise me.
A V Vishal
(Expert) 13 November 2009
Your query is bit confusing, you mean to say A,B & C have jointly done the business, the fruits of labour of A & B are enjoyed by C. Am I correct?
Sachin Bhatia
(Expert) 13 November 2009
Is there any paper work such as agreement for bussiness between A, B & C.
Raj Kumar Makkad
(Expert) 13 November 2009
Only and only C is the real and legal owner of the properties bought by him and A & B can do nothing in such matter. Law is very clear in this regard.