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Civil case related to Ancestor property Civil case related to Ancestor property

7 months ago

What is legal rate of interest can we claim in a civil suit related to Ancestor property

Anik

Responded 7 months ago

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A.Dear

The legal rate of interest that can be claimed in a civil suit related to ancestor property can vary depending on the jurisdiction and the specific circumstances of the case. In India, for instance, the rate of interest that can be claimed in a civil suit is not fixed and can vary based on various factors, including the terms of any agreement between the parties, the nature of the claim, and the court's discretion.

Generally, the court may award interest on a claim from the date of the cause of action until the date of payment or judgment. The rate of interest can be determined by the court and may be guided by the prevailing market rates or other relevant factors.
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Vidhi Samaadhaan Vidhi Samaadhaan

Legal Counsel Vidhikarya

Responded 7 months ago

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A.Dear Client,
In an ancestral property, all the surviving legal heirs are entitled to an equal share in the property and to obtain individual shares, a civil suit for partition is required to be filed before the Civil Court.
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