About The Inheritance Of Debt

Previously it was there on the basis of “Pious Obligation” doctrine. Now it has be deleted from the Statute book. Now son is not liable in any manner. Discuss. Please give me Rank 5 and Review my Resume and Follow me if my answer satisfies you After the commencement of the Hindu Succession (Amendment) Act, 2005, no court shall recognize any right to proceed against a son

son is not liable to pay the debt

Dear Sukesh As per Hindu succession act, 2005, a person, who doesn't inherit any property or money of his ancestors, is not liable to pay any previous debt of his father. No liability to pay dues debt amount if the same was taken for pursuing immoral purpose. No body can force him to repay the dues ( loan amount with interest) out of his own or self acquired property/Assests. For seeking further details kindly contact me.