storeyed building was constructed for the purpose of joint family out of the joint family funds. Item No. 2 of Schedule B(III) was acquired ... about 1964-65 and the family constructed RCC building for the joint family with the joint family funds and subsequently the property got transferred
joint family
properties the joint family got not only the
shares standing in the names of two members of
the family but also, as part ... parcener of a Hindu undivided family as
remuneration had any real connection with the
investment of the joint family funds;
(2) whether the income received
help of the joint family assets. It was contended that
there was no nexus between the joint family funds and the
remuneration paid to Shri ... joint
family properties the joint family got not
only the shares standing in the names of two
members of the family but also, as part
joint family is presumed to be joint family property. This is, however, subject to the limitation that the joint family property must be such ... deemed to be joint family properties and that he should be deemed to have provided the joint family funds for acquiring the same.
19. Again
schedule, part I, were purchased by the 1st defendant out of joint family, funds for the benefit of the joint family and as such, they ... amongst the
four brothers is based upon (a) alleged utilisation of
joint family funds by D-1 for financing the purchase
under
suit properties are joint family properties?
2. Whether the 4th defendant firm was established with the aid of joint family funds and whether its assets ... said properties also are rightly held as properties of joint family acquired from joint family funds.
25. Then coming to "F" Schedule property
member of the joint family is a joint family business even if that member is the manager of the joint family. Unless it could ... coparcener grew up with the assistance of the joint family property or joint family funds or that the earnings of the business were blended with
Choudhury, the family lawyer, at a Court auction. It is said that the purchase money was paid from joint family funds and that the suit ... made by a member of the family is presumed to be joint family property provided the joint family property is such that with
joint family properties, the joint family got not only the shares standing in the names of two members of the family but also, as part ... funds of the joint family. In the circumstances, there is a real connection between the investment of the joint family funds in the tobacco business
which he might have received from the joint family, it does not follow that the joint family insured the life of the member or paid ... that the joint family incurred expenses for purchasing the policies. In other words, the premiums were paid out of joint family funds. From the treatment
