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Shareholders sold property without my knowledge Shareholders sold property without my knowledge

2 years ago

I'm a shareholder of a property, my others shareholders sold the property without my knowledge to a different person without offering me first.
What steps should I take so that I can accuire the whole property back? Please help

Anik

Responded 2 years ago

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A.Dear Client
Co-owners can sell their part without the consent of other co-owners. However, it solely depends upon what kind of property it is. Undivided or divided. In Undivided property, consent is required and in the other, the consent is not required.
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Vidhi Samaadhaan Vidhi Samaadhaan

Subhashis Paul

Responded 2 years ago

A.First of all, is the said property an undivided property? If so then the other shareholders need your consent to sell the property to any other person. If the property is already divided then the shareholders can sell their share of property to any person of their choice only. Now you need to clarify that whether the said property is undivided or not, then consult with a civil advocate for taking necessary legal steps against the said shareholders of the property.

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