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Legal Article

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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Legal Format

Deed of Family Settlement between the Heirs of a Deceased

This Deed of Family Settlement is made at ……… on this ……….. day of ……… 2020, between the heirs of A namely (i) B, widow of A, (ii) C son of A, (iii) D daughter of A, (iv) E son of F, the predeceased second son of A, (v) G widow of the third son […]

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Legal Format

Format of Sale and Purchase Agreement

This sale and purchase agreement is executed at —————– on this _____________ by ——————————–, hereinafter called the Vendor,IN FAVOUR OFMr/Mrs———————————————————————–, hereinafter called the Vendee.The expression Vendor and Vendee shall means and include their heirs, successors, executors, administrators and assigns of the respective parties.Whereas the Vendor is the bonafide owner of the property described below with […]

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Real Estate Help

Top 10 Tips for Online Property Registration in West Bengal and Kolkata

Introduction: We will discuss the online property registration in West Bengal. If we go back to earlier days, it is seen that people faced different problems relating to registration of property. There were also disputes in the registration of properties in West Bengal. But today, our government has launched a platform for us where we […]

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Format for Welfare Charitable Trust-NGO in West Bengal and Kolkata

This Trust Deed is made and executed at ——————, on this —————————–, between Mr. ——————————————————————————–, hereinafter called the SETTLER/CHAIRMAN.ANDMr.——————————————————————————————–, hereinafter called the TRUSTEE (Managing Trusty). (Provide all details of the proposed trustees and adopt the  format for welfare-charitable trust-NGO) The expression ‘The Settler/Chairman’ The Trustees ‘shall unless excluded by the repugnant to the subject or […]

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Agreement between Builder and a Broker for Selling Flats to be Constructed

THIS AGREEMENT made at ……………… on this …………… day of …………………, 2000, between ABC Construction Co. Ltd., a company incorporated under the Companies Act, 2013 and having its registered office at     ………………….. hereinafter called ‘the Builder” (which expression shall, unless it be repugnant to the context or meaning thereof, be deemed to mean and include […]

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Agreement between an Owner and an Architect for Construction of a Building in West Bengal and Kolkata

This agreement made at ……… on this ……. day of…….. 2000 and ………. between A, son of Shri X residing at ………. (hereinafter called “the Employer” which expression, unless it be repugnant to the context or meaning thereof be deemed to mean and include his heirs, administrators, executors, legal representatives, successors and assigns) of the […]

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Residential Property Lease Deed

This Lease Deed is made on this —————————————————–, but shall be effective from ————————————————————- for the purposes of payment of rent. BETWEEN Mr/Mrs—————————————————————————————-through Authorized Signatory———————————————————, hereinafter referred to as the LESSOR (which expression shall unless excluded by or repugnant to the context include its holding/subsidiary companies as also its successors and assigns) of the First […]

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Real Estate Help

5 Steps to File Property Taxes Online in West Bengal and Kolkata

Introduction: For all of you, it is important to learn about the steps to file property taxes online in West Bengal and Kolkata. However, you must also learn about “what is property tax?” A property tax is an amount which is paid to the Municipal Corporation or Municipality or Panchayat or to any Local Government […]

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Legal Format

Format of Agreement for Sale of Leasehold Property

This Agreement is made at ____ this ________ day of ______ between Mr. A residing at __________ hereinafter referred to as the ‘Vendor’ of the One Part and Mr. B residing at _____________________ hereinafter referred to as the ‘Purchaser’ of the Other part. Whereas – 1.     By a Deed of Lease Dated the _________ day of […]

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Real Estate Help

Top 10 Tips to Learn about Housing Society Management Software in West Bengal and Kolkata

Introduction: The population of the Housing Society is increasing day by day and the burden of functioning and maintenance of the Society is also increasing at a greater rate. Today, we witness many types of disputes in the Housing Society relating to accounting, maintenance, taxes, expenses of the Society, budgets of the society and so […]

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Real Estate Help

Memorandum of Association and Ultra Vires clauses under Companies Act 2013

Introduction: The above-mentioned topic which is discussed below has great importance for the individuals who are willing to form a company under the Companies Act, 2013. This article discusses the Memorandum of Association and Ultra Vires clauses under the Companies Act, 2013. Memorandum of Association means a legal document of the company which contains specific […]

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Real Estate Help

Do Revenue Record Entries confer Title to a Property in India

Introduction: Revenue record entries do not confer title to a property in India. These entries enable an individual in whose favour mutation is recorded to give the land revenue. These types of issues have been seen in many cases and some of the cases are discussed below. Case Analysis: “The Supreme Court on October 16, […]

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Real Estate Help

Procedure for Expulsion of a member and Their Rights of the Co-operative Housing Society

Introduction: There are different procedures to expel a member from the Co-operative Housing Society and the members also have some rights to defend themselves when they are expelled by the authority. There are few Rules and Provisions given below which provides for expulsion of a member and their rights under West Bengal Co-operative Societies Rules, […]

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Real Estate Help

Recourse for Apartment Owners in case Maintenance has not been done in West Bengal

Introduction: There is less number of lands as compared to the population of our country so many builders and developers have come forward to solve this problem by providing flats or apartments to the people. When the builders hand over the flats or apartments to the residents they are in charge of maintenance of apartment […]

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Real Estate Help

Requirements and Liabilities of Surrogate Mother and Intending Couple in Surrogacy

Introduction: The Surrogacy (Regulation) Bill was passed in the year 2019 in the Lok Sabha and this bill was introduced by the Minister of Health and Family Welfare. This bill says that when a woman gives birth to child for an intending couple, she must hand over the child to the intending couple. Regulation of […]

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Real Estate Help

How to file online police complaint in West Bengal

Introduction: Generally speaking, FIR means the First Information Report. It is made when police receive information about a criminal offence. Usually, it is a complaint made by the victim of a cognizable crime or by relatives, friends or known person on behalf of the victim person, but anyone can make such report orally or in […]

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Real Estate Help

When does a Person Have Possessory Title over Property in India

Introduction: Any individual who has no deeds to show his ownership of a land but holds the land or property of another person for long period legally then he or she can inherit the property or can get ownership of the property according to the law and which is referred as possessory title. The Supreme […]

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Real Estate Help

New Changes Inserted to the West Bengal Thika Tenancy (Acquisition and Regulation) (Amendment) Act, 2019

Introduction: Meaning of Thika Tenancy: Thika tenancy is the tenancy where an individual occupies the land of a landlord by a written lease or by purchase or gift for residential, manufacturing or for business purpose. Different sections defined along with new provisions as follows: “In section 2 of the West Bengal Thika Tenancy (Acquisition and […]

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Real Estate Help

Title Insurance and the Real Estate Market in India

Introduction: Title Insurance: Title insurance is an insurance which provides indemnity to the developers or builders and the homeowners of the property which are related to the disputes in the title of the property. Types of title insurance: There are mainly two types of title insurance: Lender’s title insurance Owner’s title insurance Advantages of Title Insurance for Home […]

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Real Estate Help

What is the legal Formality to be Carried Out After a Person is Dead in India

Introduction: Life and death are both like two sides of a coin. One who has got life will die one day and this is the rule of the earth. There are various legal formalities to be carried out after the death of an individual or person. The legal heir or legal representative must carry out […]