Legal Question in Credit and Debt Law in India

my jijaji had taken money from many people in bellary..now he is in kolkata.my sister and kids are in our house.My jijaji father has some money in shares how to safegaurd it and secure my sisters children and how can we make jijaji safe.


Asked on 2/12/13, 10:04 pm

4 Answers from Attorneys

Sanjay Kalra Sanjay Kalra & Associates

Your jija ji or your sister cannot claim any money from your sisters father in law..................Please check Sanjay Kalra and Associates on the internet to know more about our law firm and the legal services we are rendering for our clients from all over the World.

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Answered on 2/12/13, 10:25 pm
Jayesh Desai Jayesh Desai

The money that your Jija's father has can be given by a Will either to your sister or her kids after his demise, to secure the money in shares.

As far as your Jija is concerned he is liable for teh debts, till it becomes barred by law of limitation.

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Answered on 2/12/13, 10:52 pm
Fca Prashant Chavan Expert Edge LLP

13.02.2013

(Dharwad, Karnataka)

Dear Sir / Madam,

To make your jijajee safe, quickly organize to settle the lenders with the agreed consideration promised by your jijejee to them when he borrowed the money, else repayment of the borrowed monies.

Regards,

FCA Prashant Chavan

Mumbai

(You can also mail me for any further on-line advice at [email protected])

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Answered on 2/13/13, 2:48 am


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