June 5, 2023: An agreement to sell does not confer property title. However, the right of the buyer must be protected under Section 53A of the Transfer of Property Act, 1882, if they kept … READ FULL STORY
Laws regulating property inheritance are highly complex in India – a reason for the alarmingly high number of pending court cases. This is also the reason for a great deal of confusion concerning the … READ FULL STORY
June 9, 2023: A husband supplying the money to her wife for property purchase does not necessarily make the transaction a benami one, the Calcutta High Court (HC) has ruled. For the transaction to qualify as benami … READ FULL STORY
You can lower your income tax liability by claiming exemption on the house rent allowance (HRA) you receive as part of your salary even if you pay rent to your spouse. In fact, The … READ FULL STORY
June 7,2023: Mumbai-based developer and chairman of Rohan Lifespaces Harresh Mehta was granted bail by a special Central Bureau of Investigation (CBI) sessions court of Thane on June 5, 2023, on a personal bond, … READ FULL STORY
June 6, 2023: The National Company Law Tribunal (NCLT) list prepared by MahaRERA is updated frequently. As per an advisory issued by MahaRERA, the names of promoter and their projects shall be deleted from … READ FULL STORY
June 6,2023: As per a Newsband report, following the apex court’s order, the NMMC has started the process of issuing notices to 424 small entrepreneurs to pay property tax . According to Sujata Dhole, … READ FULL STORY
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
