Hi,
Divorce case is ongoing with my wife. In 2011, my sisters transferred some amount (5 lacs) to my wife's account, this amount was originally given to my sisters who needed some money, in the form of cash after selling one of our property, however there is no proof of cash transfer to my sisters.
After my sisters transferred the amount to my wife, we bought a property in joint name. Now my wife is claiming 100% share in the joint property. In my reply, I mentioned that my sisters have provided a friendly loan to me and my wife and attached the proof of transaction by cheque.
Can my sisters sue my wife for payment of loan paid by them into her account? We do not have any written agreement.
Also if I sign a loan agreement with my sisters and promise to pay along with my wife, will it be a legal document. even if my has not signed it.
Instead can I say I am the joint borrower and confirm the verbal agreement, will that work.
Regards,
Ajay