Hello,
I need your help and advice regarding the below.
My brother got married in August 2010. He and his wife lived together till April 2011. From May 2011 his wife lived separately and is till date living separately because of misunderstanding and disagreements. They do not have kids. They will be getting divorced shortly. My brother does not have any property in his name. My brother is planning to buy a site under his name shortly within a month for taxation purposes.
My question is regarding the amendments brought about by the government recently as quoted here.
Times of India May 18th 2012: "The government has made some crucial amendments to divorce laws, giving women half a share in the husband's residential property irrespective of whether it was acquired before or during the marriage. The amendment was cleared by the Union Cabinet on Thursday.
The wife's share in other assets owned by her husband - movable and immoveable property - has been left to the discretion of the judge."
Given the above instances, we have 1 question:
1. If my brother purchases the site, will he be made to share 50% of the ownership of the Site ? Though his wife's side are not demanding for any compensation and they want the divorce to happen amicably.
We would be greatful for a response.
Thanks in advance !
