462+ Lawyers are online 
Recovery of wife property of husband cass
14-Sep-2023 (In Recovery Law)
Hlo
Yash here!(we have already discussed)
(Refer by Ca Gaurav Garg)
Case Details:-
My uncle has certain recovery cases from companies and cheque bounce cases.
Recovery will amount to Rs. 2 cr
There is a house constructed on land purchased 2 years back( when no cases are there )
Land registry value is Rs 10 lacs
Currently house value will be Rs. 70 lacs
Registry amount of Rs. 10 lacs is paid by uncle from firm account which was then settled for the loan of equivalent amount uncle has taken from aunty in previous years.
Land and house registry is in name of aunty from very beginning.
So can the house be charged by court in case of recovery.
Hello the court can only create charge on the property of the debtor or property of the guarantor. Ownership of the property shall be defined by the title of the property documents. so if property is owned by aunty and she is not the guarantor in any loan of uncle char on her property can not be created.
Helpful?
23+
23+
Adv. Ranbir Singh
Faridabad | 500+ Answers
CONTACT NOW
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 Recovery lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
