Hi,
I have bought a DC Converted site in Bangalore Rural with bank loan from Canfin Housing. The property has now come in litigation. The Litigation has been put by the grandsons of one of the sellers who were minor then. The father of the grandson had signed in the sale deed as self and Karta of his HUF. The property was acquired by the grandfather as HUF and divided among the the two brothers. The grandfather sold the property (sale deed signed by grandfather, his wife, son and 2 daughters). The reason for sale mentioned in the sale deed is "urgent legal necessity" and not procuring sufficient income out of the agricultural dry land.Also no mention of minor grandson in the sale deed.
Before I purchased the property the property has changed 3 Hands.
Does the minor grandson (major now) have any right on the property ?
Is there any reference of court judgement on similar litigation ?
Please help I am very tensed.
Regards,
Jagdish