Corporate Law or Company Law is a branch of law that deals with companies or corporations’ formation and working, i.e., legal entities set up for business purposes.Under the Corporate law, we study The Companies Act, 2013, which specifically provides for business conduct by the companies.It is a legal field that governs mergers, acquisitions, and the […]
Category: Blog
Landlord rights: What should NRIs consider before giving property on rent in India?
Property disputes are one of the most common disputes in India. Most common and some of the complex disputes are between tenants and landlords.Be aware of your Landlord rights:NRI’s and their rights as a landlord:Being a landlord can be challenging and stressful. It is imperative that landlords follow few tips which may help him to […]
Steps of the Eviction Process: How Does Eviction Work in Indian Courts?
The eviction process means evicting a tenant out of the rented property by following a legal procedure as prescribed by the law of the land. In India, the parties often hire a civil lawyer dealing in rent matters to help them get relief from the Indian court.The rent agreement mostly governs the landlord-tenant relationship. The agreement’s construction […]
Importance of title deed and other property ownership documents
The title means ownership. In terms of property, it is a legal right to own. Any deed, i.e., a written document that confirms the ownership is the title deed. It mentions the rights and obligations of the owner.How important is the title deed:It is incredibly crucial to check the property papers before dealing with any […]
Property law in India and its relevance for NRIs
Property law in India is a vast subject. It is a study under various statutes like The Transfer of Property Act, The Indian Contract Act, Registration Act, Indian Stamp Act, RERA, Land Acquisition laws, etc. Apart from these, for NRIs, special rules and regulations are provided under FEMA by RBI.Property can be moveable, immovable, tangible or […]
How to File a Claim as Financial Creditor Before NCLT
Under Insolvency and Bankruptcy Code, 2016, has been set up for resolving the issues related to Corporate and Banking Sector.A financial creditor can approach the NCLT as and when required. Under IBC Code, a financial creditor is as an individual to whom a financial debt is owed and incorporates an individual to whom such debt […]
Tax for NRIs on gifts of money and property from resident Indians received through gift deeds
Gifts in India are taxable under the Income Tax Act. Gift can be in cash or kind (moveable or immoveable property and other assets specified under the Act). A resident Indian can make a gift to an NRI through a gift deed, but there is a claim on gifts received by NRI.NRIs are taxed for income […]
Buying and selling property in times of Coronavirus
The first and foremost thing to do while buying and selling a property in times of coronavirus is to ensure safety and take all precautions while inspecting the property.Investment in property has always been marked with uncertainty. The fear of unknown looms large in case of real estate investment. It is more so today in […]
Landlord’s death does not affect eviction order passed in his favour
Eviction order can’t be revoked in the eventuality of the landlord’s deathThe recent judgement passed by the High Court of Punjab and Haryana has made it clear that the death of the landlord does not affect the eviction order passed in his favour on the ground of personal necessity. It has been clarified that once an […]