Under the Hindu Succession Act, 1956, if a person refuses to buy at court-determined price:
Under s. 22(2) of the Hindu Succession Act, 1956, if a person proposing to acquire the interest "is not willing to acquire it for the consideration so determined", he is…
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Under the Hindu Succession Act, 1956, if a person refuses to buy at court-determined price:
Answer and explanation
Correct answer C
Under s. 22(2) of the Hindu Succession Act, 1956, if a person proposing to acquire the interest "is not willing to acquire it for the consideration so determined", he is "liable to pay all costs of or incident to the application". The Act imposes no penalty, loss of share or damages.
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