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Co-owners own every part of the joint property together

Co-owners own every part of the joint property together : The Apex court once again upheld it’s principle that co-owners of a joint property enjoy the ownership of the whole property along with other joint owners. A layman’s explanation of this judgment can be expressed in the following method. Let us say that A and B are co-owners of a joint property. Now the joint property

Case of an NRI - Court judgement against property developer

Case of an NRI - Court judgement against property developer : In the present matter, the Complainant booked a Residential floor in the Project ‘Omaxe Cassia’ of the Developers. The Allotment letter (26.07.2012) provided that the floor would be delivered within 24 months from the date on which Agreement will come into effect but not later than 30 months (25.01.2015). The Complainant paid about Rs.51 lacs

Landmark Judgement by consumer court against property builder

Landmark Judgement by consumer court against property builder : Atul Kinra, husband of the complainant, entered into a contract for the purchase of a plot measuring 300 sq. yards with the Respondent and paid a substantial amount for it. However, later the Respondents have failed to transfer the said plot provisionally

Will it all away – while you still can!

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A will can be written by oneself or one can hire a lawyer to write. While making a will one should use clear, unambiguous language to accurately describe one’s wishes. What is a Will? Several people know they need a will, but not everyone knows what a will is or what it does. A will is sometimes called a “last will or testament,” is a legal text that states your final wishes.   It is read after the death of the individual, and the court of law makes sure that the last wishes of the person are met. What are the Types of will? Types of will include the following: Nuncupative (non-culpatory) -oral or dictated; often restricted to sailors or army men. Holographic will – penned in the hand of the testator; in various jurisdictions, the signature and the material terms of the holographic will has to be in writing by the legator. Self-Proved – in a formal way with affidavits of subscribing witnesses to avoid legate. Notarial – will in public application ...

The Liquor Ban on Highways

The Liquor Ban on Highways : “Eat, Drink and Be Merry,” only if the Government lets you! There is no denying the fact that the ban imposed by the Government on liquor sale along the National Highway came as a rude shock to many all over the nation. As per the Supreme Court, alcohol vendors within 500 meters of all the national highways

Travel to India not mandatory for partitioning property in India

Travel to India not mandatory for partitioning property in India : Partition of shared ownership of property in India, whether between family members or co-owners, is a common phenomenon. With the trend of Nuclear families on the rise, it is becoming more frequent for people to have to deal with a fight for assets or carry out partition mutually. Dilemma of Partition of shared

Monopoly isn’t just a game – It’s a matter of serious concern in the Economy!

Monopoly isn’t just a game – It’s a matter of serious concern in the Economy! : With the onset of globalization in India, the Indian market has had to deal with many issues - competition being a prominent one. At the time that this wave started, there were local as well as global players in the market, affecting investment and growth of the economy. AT that time the then prevalent law/act, Monopolistic