Sir/Madam,
I would like to pen down few things about my family, in my last request, i got suggestion from various lawyers for the property dispute, today with the same issue,
Why my brother is asking property to mother is to clear his loans.. ( but I am not sure this is correct or wrong) I agree my brother is not highly educated, but he know what is good and what is bad..from the thirdyparty i heard that he gave some surety signature to his friend for loan, and his friend is absconded from the premises, for which police officer and money lenders are catching my brother neck for re-payment.
If he really gave surety and dint pay that amount what type of punishment can my brother get.. and what is the remedy to come out from this situation.
For the above surety reason, my brother is bother my mother to gave the house to builder to development, though my mother is sole owner of that house, the house alloted to my father who is a govt servant, he paid to installments and expired in 1976,, and in 1991 my mother paid remaining balance installment and get registered that house in her name.. in 1996 my brother took loan from a Nationalized bank for his by endorsing the land documents of our property which is located, and he dint pay one rupee to bank for loan repayment, finally it got into court for auction, then my brother got his friends into picture and paid some amount to bank to stop auction and repaid balance amount to bank for loan repayment, sold the land for loss and settled the things at home..
So , in such case what type of actions we can take for his miss use of property and what type punishment he will get if he dint pay sureity amount to financiers.
Regards
DAS..
