The witness of a sale deed can’t be made party in a case of cheating if there are no other allegations against him, the Dharwad Bench of the Karnataka High Court has ruled. While … READ FULL STORY
India has nearly 900,000 cooperatives societies, the highest in the world. In fact, cooperatives societies account for nearly 20% of the country’s gross domestic product. Of this, Maharashtra has 2.3 lakh cooperative societies, with … READ FULL STORY
Municipal bodies can charge property tax from residents only after a building has been issued an occupancy certificate (OC), the Kerala High Court (HC) has ruled. “Without (an) occupancy certificate, the building would not … READ FULL STORY
Conveyance refers to the act of transferring the title, ownership, rights and interests in a property from one person to another. The term deed refers to an instrument such as a written document that … READ FULL STORY
Starting a business in India can be a complex process, but with the correct information and resources, it can also be an exciting and rewarding endeavour. One of the first steps in setting up … READ FULL STORY
Real estate investment primarily serves two purposes for most people: to have a place to live or to earn rental income. If you rent your property, you likely expect steady income or help covering … READ FULL STORY
The Registration Act, 1908, mandates that all properties worth more than Rs 100 must be registered in government records. The low financial threshold brings all property transactions under the Registration Act. Therefore, property registration … READ FULL STORY
Property investments are highly capital intensive and any mistake made during the process, can cause a great deal of trouble for the buyer. This makes it imperative for a buyer to exercise due caution … READ FULL STORY
Under the provisions of the Securitisation and Reconstruction of Financial Assets and Enforcement of Security Interest Act (SARFAESI Act), a borrower can redeem his mortgaged property only till the publication of an auction notice … READ FULL STORY
There are no illegitimate children – only illegitimate parents, Leon R Yankwich once said. The property rights of illegitimate children in India work on the basic principle mentioned in the Indian Constitution. Protection … READ FULL STORY
A wife selling property registered in her name without the consent of her husband does not amount to cruelty, the Calcutta High Court (HC) has ruled. While dismissing an appeal by the husband in … READ FULL STORY
September 25,2023: In a bid to prevent multiplicity of proceedings and contradictory judgments on the same issue between the same parties, a complaint filed under the Real Estate (Regulation and Development) Act (Rera) cannot … READ FULL STORY
The National Consumer Dispute Redressal Commission (NCDRC) has directed United Bank of India (UBI), now Punjab National Bank (PNB), to pay a penalty of Rs 50.65 lakh over losing a borrower’s property documents. In … READ FULL STORY
