Categories
Legal Formats

Format of Deed of Conveyance Subject to Mortgage

This Deed of Conveyance is made at ……… this ……. …. day of … ……………….. Between Mr. ‘A’ of …… ….. 1 ……….. (hereinafter referred to as ‘the Vendor’) of the One Part, and Mr. ‘B’ of ……………………………. (hereinafter referred to as ‘the Purchaser’) of the Other Part.. Whereas the Vendor is seized and possessed […]

Categories
Investment Law

Evolution of Securities and Investment Laws in India

It is necessary for a country’s financial system that its securities market have sturdy health. The extra nicely developed a country’s securities market, the higher are the possibilities of monetary increase and development. Beginning of Securities market The earliest inventory change used to be set up in Amsterdam in 1602 and it was once concerned […]

Categories
Consumer Law

Rules, Regulations and Basic Concept of the Consumer Forum

A Consumer is someone who buys/purchases goods/product or takes service for some consideration, either for his/her personal use or to earn his living by self-employment.  The consideration may be: Paid  Promised Partly paid and partly promised. Rules, Regulations and Basic Concepts: – Who can file a Complaint? The following persons or individuals can file complaint […]

Categories
Property Law

Critical analysis of Partition under Hindu law

Introduction:  In terms of Law, Partition means the division of property into two or more parts among the Joint Hindu Family where it provides separate conferment of status on the undivided coparceners. If there is a single or one coparcener, then no partition is possible in a Joint Hindu Family. A coparcener is an individual […]

Categories
Legal Formats

Draft Format Deed of Conveyance of Freehold Property

This Deed of Conveyance is made at ……….. this ……. …. day of …………. between Mr. ‘A’ of ……….. (hereinafter referred to as ‘the Vendor’), of the One Part, and Mr. ‘B’ of …………. (hereinafter referred to as ‘the Purchaser’) of the Other Part., Whereas the Vendor is absolutely seized and possessed of or otherwise […]

Categories
Property Law

Why do You Need a Property Lawyer Before Buying a Property in Kolkata and West Bengal?

For people in general buying a real estate property usually involves years of savings, planning and their dreams. Hence it’s really important for the buyer to know all the legal procedures for a peaceful possession. He must be very mindful of the threats involved in the property buying process. To protect his interests as a […]

Categories
Consumer Law

Consumer Rights and Responsibilities

Right to safety Means right to be protected against the marketing of goods and services, which are hazardous to life and property. The purchased goods and services availed of should not only meet their immediate needs, but also fulfil long term interests. Before purchasing, consumers should insist on the quality of the products as well […]

Categories
Property Law

Concept of Property and its Related Topics

Meaning and Concept of Property: The term property has different meanings that is the word property is used in numerous senses in general. Anything available in the surroundings may be categorised as property. Each and every objects which has some value for human beings which may be tangible or intangible is termed as property. The […]

Categories
Property Law

Jurisdictions of Civil Court and Place of Suing

Meaning of jurisdiction: In simple terms, Jurisdiction is the power of the court to take cognizance of an offence and determine the cause of action. Jurisdiction is decided mainly on the basis of: – Pecuniary value Local limits of Court The subject matter of Court Thus, the Court before taking the cognizance of an offence, […]

Categories
Legal Formats

Format of Deed of Family Arrangement for Release of Property in Favour of Other Beneficiaries in Consideration of Annuity

This Deed is made at ……….. on this ……… day of ……… 2021……… between Smt. A widow of B resident of …….. here in after called as Smt. A of the FIRST PART, and C son of B resident of …….. hereinafter called as Shri C of the Second Part and D son of B […]

Categories
Property Law

How RERA is Beneficial to its Stakeholders: Home Buyers, Builders, and Government

The Real Estate (Regulation and Development) Act, 2016 (RERA) the landmark legislation, came into existence in order to boost investments and to protect and safeguard the interest of homebuyers against the unfair trade malpractices of the builders.The key objective of the Act is to bring greater transparency, accountability, financial discipline, speedy redressal of disputes and […]

Categories
Property Law

Mutation Process of Real Estate Properties in West Bengal And Kolkata

When a property or landis transferred or sold to the buyer, the buyer needs to initiate the mutation process in order to change the title ownership from the seller to his name. This process is necessary to ensure that the immovable asset is now recorded on the new owner’s name in the land revenue department […]

Categories
Investment Law

Capital Gains Tax in India: An Explainer

In India, any income or achievement springing up from the sale of a capital asset is deemed as capital positive factors and is charged to tax beneath the Income-tax Act, 1961.  According to the Act, a capital asset is any variety of property held via an individual, such as buildings, lands, bonds, equities, debentures, and […]

Categories
Property Law

Is It Safe to Buy Bank Auction Properties in West Bengal and Kolkata?

Bank Auctions are generally a little laborious process. Agents are recently controlling this process and customers end up paying hefty commission in cash. Although an expert property lawyer will never advise an investor to pay in cash during any property transaction process,but people generally tend to overlook the risks involved with a desire to buy […]

Categories
Property News

Punjab disbursed Rs 261 crore and Haryana Rs 154 crore for the Development of People to Combat Covid-19

Punjab authorities launched Rs 174 crore to 2.90 lakh constructing and different development people for the duration of the first Covid wave and Rs 87 crore to 5.81 lakh such people in the course of the 2d Covid wave to tide over economic crises. The statistics used to be supplied via Union minister of labour […]

Categories
Investment Law Property News

PNB Housing-Carlyle Deal

The authorities have requested public zone banks to take a look at all felony components and lift out ideal due diligence earlier than shifting ahead with stake sales in their non-core assets. This comes after the Punjab National Housing Finance-Carlyle deal controversy the vicinity the PNB board had to search for crook opinion after the […]

Categories
Investment Law

ASK Property Investment Advisors Set to Increase Rs 1,000 Crore Realty Fund

ASK Property Investment Advisors, the actual property non-public fairness arm of the ASK Group is searching to elevate Rs 1,000 crore via its new actual estate-focused fund ASK Real Estate Special Opportunities Fund-IV. The fund additionally has an extra inexperienced shoe choice of Rs 1,500 crore and ASK PIA is searching to elevate the fund […]