After my job in 2006, I have a bought a site in 2007 paid 80% of the registration value with SBI site loan (with registration/documents on my name in the revenue office) and remaining using personal loan and my savings. I have been since paying the site loan till today.
Recently (After 12 years in 2019) my father and brother filed a partition suit on this property saying that he (father) is the one who bought this property on my name using his money. Accordingly he is claiming that the property is family property and thus be paritioned into 3.
Dear experts,
- My SBI loan approved on this site was used to pay 85% of the site. And I'm paying the loan till date using my money. Can my father still claim ownership/partition?
- Is this barred by Limitations act? as I have registered documents?
- Clearly this is frivoulous with intent to extort me. How can I counter sue them?
Kindly help advice.
