Legal Question in Business Law in India
Is the contract valid if after the death of elder brother, younger brother with the mutual consent of his sister in law transfered all the liabilities & assets in his name for consideration of Rs. 2 lakh/- ?
Asked on 4/10/11, 8:23 am
2 Answers from Attorneys
Sunil Goel
S.G. SOLICITORS
The question is ambiguous and not clear. younger brother has entered into contract with whom? liabilities and assets of whom? the deceased elder brother? Consideration of Rs. 2 lakh paid by whom to whom????
Answered on 4/11/11, 12:11 am
RAJIV GUPTA
(Cell: +91 9811284735) [email protected]
one has to go through the contract to ascertain its legality.
Answered on 4/11/11, 4:00 am
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