632+ Lawyers are online 
Disown family business and assets
20-May-2023 (In Property Law)
Hello, I am a 28 year old married woman and i work with my father. I don't agree with his business decisions and he doesn't seem to care either. I want to quit and want absolutely no part in his assets or liabilities. We have HUF and Proprietorship businesses. I don't want any investor or banks to come knocking on my door for my father's debts, how do I get out of this?
This is my response to you:
1. You can ask for dissolution of HUF;
2. Ask them tk reconstitute HUF without your name;
3. You can also enter into a partition deed;
4. Consult a local lawyer and take steps.
Helpful?
Adv. Gowaal Padavi
Mumbai | 1000+ Answers
Chat
Your question is Excellent !
1. First, You meeting with property & family lawyer, because they guide you better.
2. If you are dependent married women. As per your question, You need to send a legal notice to your father for partition.
3. Then automatically your father will reply you for your question. Hire a lawyer.
Thanking You.. ! Please Rating Me.. !
Helpful?
Adv. Abhay Rajesh Gupta
Amravati | 100+ Answers
Chat
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Property lawyers for your specific legal issue
No Comments! Be the first one to comment.
- Cooperative Housing society Misusing its powers
- Represent in filing appeal to MahaRERA tribunalthe draft is ready
- If the share of the property has not been demanded in the appeal court
- yadgir dist gurmitakal taluk under village property related dispute
- Unregistered housing society of 12 flats.non payment of maintenance .
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
