In this article, we discuss the Transfer of Property Act (ToPA), which primarily sets the path for property transfer from one owner to another in India. What is Transfer of Property Act? Under … READ FULL STORY
June 5, 2023: The photocopy of a sale deed is not admissible as surety under Section 17 of the Provincial Small Causes Court Act, 1887, the Allahabad High Court has ruled. Section 17 of … READ FULL STORY
For the sale of an immovable property, generally two types of agreements are made: an agreement for sale and a sale deed or sale agreement. The agreement for sale is required to be stamped … READ FULL STORY
A power of attorney (PoA) is a legal authorisation that gives a person the power to act on behalf of another person. This could be a power of attorney for property or for matters … READ FULL STORY
Property given to a wife or daughter as maintenance is not the same as providing them a share in property, the Dharwad Bench of the Karnataka High Court has ruled. In an order dated … READ FULL STORY
May 30, 2023: The Delhi High Court on May 29, 2023, dismissed a petition that challenged separate notifications by the RBI and SBI through which the two lenders allowed exchange of Rs 2,000 bank … READ FULL STORY
May 30, 2023: A woman’s second marriage is not valid if her divorce from her first husband is not decreed by a court, the Madhya Pradesh High Court has ruled. The second wife would … READ FULL STORY
In a ruling favouring homebuyers, the Madras High Court (HC) upheld an order issued by the district registrar (administration) Chennai that declared collection of the transfer fee by flat owners’ association to be illegal. … READ FULL STORY
May 23, 203: Money received from the sale of agricultural land can’t be treated as capital gains, the Chennai Bench of the Income Tax Appellate Tribunal (ITAT) has ruled recently. If an agricultural operation … READ FULL STORY
IT is a well-known fact that investment in agricultural property is a safe option for parking one’s funds as the return on investment is usually higher than other investments and also lends safety to … READ FULL STORY
May 18, 2023: State can acquire land using means other than the recognised mediums of ownership transfer, the Punjab & Haryana High Court (HC) has ruled. It, however, said that such cases were required … READ FULL STORY
May 12, 2023: Developer Supertech plans to raise Rs 1,600 crore from investment firm OakTree Financial to complete stuck projects, company managing director Mohit Arora told media. According to Supertech chairman RK Arora, the … READ FULL STORY
A Malmatta Patrak, also known as a property card, is a document that identifies the owner of real estate in metropolitan areas and is issued by the local government in Maharashtra. The property card … READ FULL STORY
