Before you begin reading this, let me introduce myself. I am a happy 90's kid, who simply refuses to grow up. Every now and then i.e. atleast 25 times, in a day, I miss my childhood and wonder how simple my life was then. Today even though everything is technologically advanced, life was beautiful when... Continue Reading →
Why every person needs their Tribe ?
Friends make everything better. Crazy friends ensure to make everything the best for you. It has been ages since I sat down to pen something. Probably, it is because since the last 6 months, I was not doing justice to myself by not writing about myself or my thoughts. That was the whole idea about... Continue Reading →
Effect of Disputes on the Partition of Property in India
Private property is a necessary institution, at least in a fallen world; men work more and dispute less when goods are private than when they are in common. R. H. Tawney Family disputes can result in a forced partition. Partition of property takes region while there may be joint possession of or greater individuals... Continue Reading →
RED HERRING PROSPECTUS
INTRODUCTIONUnderstanding Red Herring prospectus necessitates first understanding the definition of prospectus. A "prospectus" is defined in Section 2(70)[3] of the Companies Act, 2013 as follows:"Prospectus" means any document described or issued as a prospectus, including a red herring prospectus referred to in section 32 or a shelf prospectus referred to in section 31, as well... Continue Reading →
The Companies Act
Introduction The Companies Act, 2013 passed by the parliament has received the assent of the president of India on 29th August 2013.This Act was amended and the law was passed relating to companies. The Companies act, 2013 has been notified in the Gazette in 2013. Some of the other provisions has been passed and published... Continue Reading →
Salient Features of the Maharashtra Land Revenue Code, 1966
Introduction Land provides us with our basic necessities such as food, clothing and shelter. It has always been an important axis for economic activities necessary to sustain human life. No developmental activity is possible without taking land into consideration. Goods can be moved around but land is immovable. Hence, the capability of land to provide... Continue Reading →
All about The Doctrine of Lis Pendence (Pending Suit) in Transfer of Property Law.
Introduction : The doctrine of lis pendence is a legal principle that states that a title to property cannot be transferred until the debtor has received the funds they are owed. This principle is important in property law because it helps to prevent creditors from seizing property until they have been paid. This principle is... Continue Reading →
RIGHTS OF AN ILLEGITIMATE CHILD OVER THE IMMOVABLE PROPERTY
Introduction :The inheritance rights of illegitimate children are governed by Section 16 (3) of the Hindu Marriage Act, 1955, which states that ‘such children are only entitled to the property of their parents and not of any other relation’. This implies that an illegitimate child would only have the right to his father’s self-acquired property,... Continue Reading →
What is Completion Certificate?
A certificate does not make you certified. Attitude, performance, commitment to self and team - these and a certificate make you certified. INTRODUCTION After a housing project has been completed in accordance with a building plan that has been approved, it is granted a completion certificate, which is a legal document. Any housing project that... Continue Reading →
DIVISION OF PROPERTY BETWEEN DAUGHTER AND DAUGHTERS-IN-LAW
PROPERTY In a general, sense, property is any physical or virtual entity that is owned by an individual or jointly by a group of individuals. Any tangible or intangible thing that is owned by a single person, a group of people, or both is considered property. The property right is belonging to the owner. Property... Continue Reading →
EFFECT OF FAMILY DISPUTES ON THE PARTITION OF PROPERTY IN INDIA
Introduction Numerous depictions of family disputes over the property in movies and novels have proven only one point: since the beginning of time, the property has been a symbol of high economic status, and it has been a source of contention among kin. Property disputes between families are common in India these days. Legal property... Continue Reading →
BUYING A PROPERTY THROUGH GENERAL POWER OF ATTORNEY
POWER OF ATTORNEY (POA): The concept of Power of Attorney has been discussed under two statutes of India which includes The Powers of Attorney Act, 1882, and The Indian Stamp Act, 1899. The Power of Attorney has been defined as the instrument which empowers a specified person to act on behalf of the person executing... Continue Reading →
MORTGAGE BY DEPOSIT OF TITLE DEED
A mortgage by deposit of title deed or an equitable mortgage of immovable property is a widely used methodology of creating security against a loan availed from banks and other financial institutions in India. But, it is easily open to fraud. This is because of the reason that it is created merely by the deposit... Continue Reading →
HOW TO CONVERT AGRICULTURAL LAND INTO NON-AGRICULTURAL LAND
Agricultural land is commonly defined as the part of the area of land that is under permanent pastures, crops or arable, and so forth. The law prohibits building houses, factories, industries, etc. on the agricultural land irrespective of the ownership of the property. Any construction on the agricultural land is allowed to take place only... Continue Reading →
Award under Land Acquisition Act
1. Introduction The word award has not defined in Land Acquisition Act 1984. The land acquisition officer is in no sense a judicial officer. The proceeding before him can't be called legal progressing. he's engaged to form recompense under the land acquisition act. The jurisdiction of the gatherer is restricted. He practices the chief and administrative power. The grant cannot be authorized as decree of... Continue Reading →
Actionable Claim under Transfer of Property
INTRODUCTION The transfer of property act is generally based on immovable property, but some of its provisions can also be laid on movable property. In general, an actionable claim refers to one that allows you to take legal action. It signifies there is a claim and you can approach the court to have it enforced.... Continue Reading →
Security Deposit while renting the property
"Service is the Rent we pay for the Privilege of Living on this Earth.” Introduction A security deposit is an amount that a tenant pays to the landlord at the start of the tenancy. The sum that a tenant gives the landlord as a security deposit is paid at the beginning of the tenancy. It is... Continue Reading →
What Are Easement Rights?
MEANING Generally speaking, easement refers to the property right by way of nonpossessory interest held by someone to use the facilities on a certain premise for a certain purpose without any legal entitlement. According to Halsbury’ Laws of England, an easement is “a right annexed to land, to utilize other land of different ownership... Continue Reading →
NOC for transfer of Properties from Legal Heirs
NOC for transfer of Properties from Legal Heirs A NOC is a document that states certain information about a property and is issued by government bodies, local governments, banks, and even individuals. In real estate deals, a NOC serves as confirmation that the NOC provider would not face any legal issues if the transaction goes... Continue Reading →
Power of Police to seize any property during investigation
Is it not scary that police having power to seize any property during an investigation. It will create chaos in mind that police will seize any property whether movable or immovable. So to make this clear the conception let’s look into the concept. The term seize under section 102 means to take actual physical custody/control... Continue Reading →