Self aquired property
sanjoo
(Querist) 12 February 2013
This query is : Resolved
Dear Sir,
'B' died in 1930 without leaving wife, any son or daughter alive. 'B'left some property on his name. Mother of 'B' got the property of 'B' on her name after death of his son 'B' as class 1 heir as per Indian succession act. Now my question is "is this property now self aquired property of her mother or it is ancestral property?" I don't know how this property aquired by 'B'.
Adv.R.P.Chugh
(Expert) 12 February 2013
It is self acquired property of the lady B.
R.K Nanda
(Expert) 12 February 2013
how B got said property>
Raj Kumar Makkad
(Expert) 12 February 2013
It shall be treated as self acquired property of her mother because the concept of ancestral property cam from Hindu Succession Act, 1955.
sanjoo
(Querist) 13 February 2013
Thanks to all sirs for your prompt responses. To Nanda sir: as i mentioned i don't know how 'B' got this property on his name.