Suppose a debtor held Rs 200,000 six months ago, but a court has since established genuine insolvency. Merely repeating a record of past wealth does not show that newly available assets exist now.
If reliable evidence instead shows that the debtor received and retained an Rs 80,000 inheritance after the declaration, that presents a new acquisition of assets for assessment.
The Companions’ exception turns on credible proof of a changed financial position.
Opening interactive controls...
Past wealth is not the same as newly acquired wealth
Kitab al-Hajr: Creditors After Release and Final Rulings
Suppose a debtor held Rs 200,000 six months ago, but a court has since established genuine insolvency. Merely repeating a record of past wealth does not show that newly available assets exist now.
If reliable evidence instead shows that the debtor received and retained an Rs 80,000 inheritance after the declaration, that presents a new acquisition of assets for assessment.
The Companions’ exception turns on credible proof of a changed financial position.