Family Petition For Permission To Sell Minor S Property Under Guardianship Law

Petition for Permission to Sell Minor's Property under Guardianship Law
 

Act VIII of 1890 Case No. .



In the Court of the District Judge _______________at________________________ 



In the matter of the Guardians and Wards Act VIII of 1890

And

In the matter of s. 29 of the said Act And

In the matter of AB, a minor resident at__________________

And

In the matter of permission to sell the said minor's property.

The   humble   petition   of A,   the certified guardian of the said minor .

The applicant above-named states as follows:

1. That by an order made the ____________ day of_________ your petitioner was selected guardian of the person and properties of the minor A, which order is still enforceable and petitioner is governing the property of the said minor as his mandatory guardian. petitioner has kept proper account of said property up to date and presented the same in court from by which it is clear that funds in the hands of petitioner is Rs__________________________ only.

2. That at the time of appointment the property of minor which having of inter alia one-fourth share in premises No________ was indebted to one B of No. ____________ to the tune of Rs. _________ being, his divided share of liability under a mortgage dated ____________ executed by the father of minor which now comes to Rs_____________ including interest calculated up till________

3. That the said B who filed a suit bearing Title Suit No. _________ of _________ in the court of _________ for enforcing  said mortgage and got the preliminary decree for Rs_____________ on the _________ day of_________ is now threatening in applying for final decree for vending of property.

4. That in above stated circumstances and in the best interest /benefit of the said minor, petitioner and other co-sharers of said minor, liable paying three-fourths share of the said debt, have consented to sell the property for Rs. ____________________. privately, leaving a margin Rs. _________ with them after paying the mortgage debt out of which a sum of Rs. ____________ will come in the hands of petitioner being the proportionate share of the said minor in the surplus sale proceeds. An affidavit by the purchaser of intending property Rs. _________ is filed herewith.

5. That residential house of said minor, i.e., premises No__________ is in immediate repairs without repair the same will be unfit for habitation and until certain urgent repairs are immediate carried on a portion also fall very soon. The likely costs of such repairs are Rs. _________ as will appear from certificate of the engineer hereunto unclosed and marked Z. The minor having no money to execute the said repairs presently as appearing from the account filed as stated above.

6. That the market value of the property desired to be sold would be Rs__________ as given in the valuation certificate annexed and marked B, and the same at present gives no income.

7. That this application is made bona fide with interest of and benefit of minor.

Petitioner hence prays:

(i) Leave be granted to your petitioner to sell the undivided one-fourth share of the minor in the property described in Schedule A to _________or any other person or persons at a price not less than Rs_____________ and to execute and register the compulsory conveyance.

(ii) Your petitioner be at liberty to redeem the proportionate mortgage debt of the minor relating the said premises out of the proceeds of such sale and apply the balance towards the costs of repairs to the residential house of the said minor.

(iii) Further order or orders be made and directions given, as may appear just and proper and your petitioner as in duty bound shall ever pray.

THE SCHEDULE
 

Verification
 

I, AB, son of_________ aged about ____________ years residing at _________ by occupation service do hereby solemnly affirm and say as follows:

I am the petitioner above-named. I know and I have made myself acquainted with the facts and circumstances of this case and I am able to depose thereto.

The statements in paragraphs 1 to 7 and the Schedule hereinabove of the petition are true to my best knowledge based on information derived from records in my possession, proceedings before this Learned Court. Orders and Valuation Report and believed by me to be true and that I have not suppressed any material fact.

The statements hereinabove are true to my best knowledge.

I sign this verification on this ____________ day of____________ 1999.

Signature ..

Signature of Advocate

Before me Notary                                                                 

N.B.  There shall be two affidavits from two independent persons as to what is the estimated value of the property and advantage/benefit of desired sale.