Husband's Loans Cannot Diminish His Maintenance Obligation Towards Wife: Jharkhand High Court

The Jharkhand High Court has held that a husband cannot ordinarily reduce his maintenance or permanent alimony liability by relying upon voluntary loans taken for creating future wealth or assets. The Court made it clear that repayment of loans taken for asset creation cannot automatically be treated as an unavoidable expense when determining the amount required for the wife and children. Division Bench Explains Principle of Financial Responsibility A Division…