Select Location

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
0 likes
1 answers
Family
Posted on 28th Oct, 2018
A
Advocate Anurodh
Answered on 18th Dec, 2018
The straight answer to question is YES, he can limit the shares.
0 Comments
You need to be logged in to comment

Related questions

Does a married daughter have any rights on her father's property in Christianity

Does a married daughter have any rights on her father's property in Christianity Region. Which section??
0 likes
0 answers
Family
Posted on 3rd Mar, 2019

How can I get my wife back from her cruel parents and uncles

I am Apurba Ranjan Sahoo a Fire Station Officer working under Government of Odisha. I was posted at Hindol Road Fire station, Dhenkanal, Odisha. At that area also my Sister is married. I used to go my sister's home. My brother in law(Pranaya) is the youngest and has four more brothers. Eventually I loved Sonali(the only daughter of Pranaya's big brother).We both loved each other and decided to flee and marry. And finally became successful. She walked away to me and we both fled. We married at a
0 likes
1 answers
Family
Posted on 23rd Feb, 2019

Wife filed for voluntery divorce but I don't want divorce.

How can I revoke the divorce.
0 likes
0 answers
Family
Posted on 8th Feb, 2019
Find the best lawyers/advocates and book legal services.