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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 […]

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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 […]

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Investment Law Property News

Maharashtra Airport to Help in Providing Plots

In some top information for small investors, the Maharashtra Airport Development Corporation (MADC) would quickly be imparting small plots to them in Mihan. Plot development and allotment will help small buyers and investors. Various firms representing the industries from Vidarbha had raised this demand with the authorities for imparting plots in the vary of one […]

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Investment Law Property Law

What are the Tax Benefits for Home Loan in West Bengal for 2021-2022?

Taking a home loan to buy your dream house in West Bengal? There isgood news for all new home buyers. On 1stFebruary 2021, in Union budget 2021the Finance Minister Nirmala Sitharamanhas extendedthe deadline till 31st March 2022 for availing Income Tax deductions on payment of interest on home loans. In the previous budget, the government […]

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Investment Law Property Law

How to Save Taxes on Property Sale in West Bengal and Kolkata?

As a property owner a person can get an array of benefits. Since the land involved with the property is a Capital Asset and the value of the land keeps increasing everyday, the land works as a mean of safety, security and as an investment avenue. A property owner can earn hugely on the sale […]

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Consumer Law Criminal Law Investment Law

Chit Funds, Ponzi Schemes and Banning of Unregulated Deposit Schemes in West Bengal and Kolkata

Introduction: Meaning: Chit Fund is an important topic to be discussed here. A chit fund is a type of system which is practised around the country in India. These schemes are organised by companies or financial institutions or among relatives or friends or neighbours. Chit Funds Act, 1982 defines the Following Provisions: Section 2 of […]

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Consumer Law Investment Law Property Law

How to Register Charitable Trusts in West Bengal and Kolkata?

Introduction: Charitable Trust is a trust which if formed for the benefit of the public, as for education, foods, shelter, medical and other charitable purposes. Charitable Trust is a trust which has the aim of charitable purpose. There are different types of organizations which may be established for a charitable purpose or they may acquire […]

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Corporate Law Investment Law

Ease of Doing Business in India Improving

India is one of the fastest growing economies in the world and by 2016-17 it will be the biggest economy in the world. India’s growth rate is destined to touch 8% by 2016-17. Further, by 2050, it is believed India will overtake all countries in its Purchasing Power Parity (PPP). However, doing business in India […]

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Consumer Law Corporate Law Investment Law

Oral Evidence in Enforcement of Arbitral Award

Si-Al Bioenergie vs Sbec Systems Citation: AIR 2005 Delhi 95 Facts of the Case The facts of the case were that the decree holder (Si-Al Bioenergie) sought to enforce an arbitral award under Sections 48 and 34 of the Arbitration & Conciliation Act, 1996. However, the judgment debtor (Sbec Systems) applied to set aside and […]

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Investment Law Property Law

Save Capital Gains from selling Co-operative Housing Property

To understand Capital Gains from selling Co-operative Housing Society flat/plot in West Bengal it is important to understand the specific provisions of the Income Tax Act as provided under: a) Section 54: In case the asset transferred is a long term capital asset being a residential house, and if out of the capital gains, a […]

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Corporate Law Investment Law

Section 42 of Arbitration and Conciliation Act, 1996 and the Uncertainties about Jurisdiction

The complexities surrounding arbitration in India and the clouded arbitration legislation as an oft-judicially-interpreted Act in India is nothing new. To the ones initiated, the Arbitration and Conciliation Act (the Act) in India has undergone modifications since pre-Independence days. However, till date, the prevalent Act can still be regarded as one of the most highly […]

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Consumer Law Corporate Law Investment Law

Dimensions Of Online Arbitration In India

Abstract The rapid expansion of commercial transactions and globalization has given rise to spiraling growth in arbitration at the national as well as international stages. Arbitration is one of the modern techniques of alternative dispute resolution (ADR) that has gained a lot of prominence due to the freedom it offers to the disputants. Online Arbitration […]

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Consumer Law Investment Law Property Law

Tax Clarifications For Your Multiple House Property Investments

Tax Clarifications For Your Multiple House Property Investments

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Corporate Law Investment Law

Status of the Coal Controller and its Functions vis-à-vis Coal Industry India

Coal Controller’s Organisation is a subordinate office under the administrative control of Department of Coal, Ministry of Coal, having its headquarters at Kolkata and five field offices located at Dhanbad, Ranchi, Bilaspur, Nagpur and Kothagudem with their jurisdiction as follows: Field Offices Jurisdiction Dhanbad Collieries under BCCL, TISCO (Jharia), IISCO, BECML, ICML, CML & PSEB […]