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Can a father limit the share of one of his sons from ancestral business which was developed by him

My father opened a business with the money from his father. We are 3 sons, he educated all. I was the first, till education I was helping his business. After education, I joined a company and thereafter completely out of business. My 2 other brothers also educated, but they joined my father and developed the business. For the last 20 years, my father started taking rest and just giving supports, only my 2 brothers carried on the business activities. He took lot of loans to develop the business
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Family
Posted on 28th Oct, 2018
Advocate Pranesh
Answered on 5th Dec, 2018
You can file partition suit for your share in ancestral properties. But you can not claim any thing which is earned my them on amount and business developed by them. you can contact me on 9213389446 for further assistance
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Advocate Kishan
Answered on 2nd Dec, 2018
Dear Sir, It is not called ancestral business but it is "HUF" (Hindu Undivided Family) business, All of you have same rights. The decision of your father may be stayed. You may approach the Court and get your share.
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Advocate Rajiv
Answered on 28th Oct, 2018
Your main claim is based on ancestral nature of business. Confirm answer to this question is not possible without going through your documents, however, you need to understand that in case where property is ancestral in nature, the owner cannot sell or will out the property under the Hindu Law. Again there is one limitation that you need to approach before the Civil Courts having territorial jurisdiction over the business/property. File litigation in Civil Court before your rights get transferred by way of sale or otherwise to a third party other than your brothers.
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