[amp_mcq option1=”Untainted debt of father” option2=”Tainted debt of father” option3=”Untainted debt procured by father before the amendment in the Act” option4=”None of the above” correct=”option1″]<\/p>\n
The correct answer is (a) Untainted debt of father.<\/p>\n
The Hindu Succession Act, 1956, was amended in 2005 to provide that a son is liable to pay the untainted debts of his father. This means that a son is now liable to pay the debts that his father incurred during his lifetime, even if the son was not a co-debtor at the time the debt was incurred.<\/p>\n
A tainted debt is a debt that is incurred by a father for the benefit of his illegitimate children. A son is not liable to pay a tainted debt of his father.<\/p>\n
An untainted debt is a debt that is incurred by a father for the benefit of his legitimate children. A son is liable to pay an untainted debt of his father.<\/p>\n
The 2005 amendment to the Hindu Succession Act was made in order to provide greater financial security for the wives and children of deceased Hindu men. The amendment also sought to ensure that the debts of a deceased Hindu man were paid off in a fair and equitable manner.<\/p>\n","protected":false},"excerpt":{"rendered":"
[amp_mcq option1=”Untainted debt of father” option2=”Tainted debt of father” option3=”Untainted debt procured by father before the amendment in the Act” option4=”None of the above” correct=”option1″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-839","post","type-post","status-publish","format-standard","hentry","category-law","no-featured-image-padding"],"yoast_head":"\n