Introduction:Among the many legal procedures, one should have to follow to get complete ownership of the immovable properties is mutation. It has often been observed that people get the land /property transferred to their name, but they face many problems due to a lack of information about mutation. As a result of which, the chances […]
Category: Blog
Investing in Real Estate in India-Problems and Solutions for NRIs
The real estate sector is one of the most critical and recognized sectors in the World. Most entrepreneurs are widely attracted to the real estate sector. Due to its high profit, it attracts the entire business community. In earlier days, it drew only entrepreneurs to the real estate sector. But now, the real estate sector […]
How to tackle dispute resolution through Arbitration?
Summary Arbitration is a process of settling disputes out of court among the disputing parties. It is a preferred mode of dispute settlement for private parties involved in a trade. In India, we have Arbitration and Conciliation Act, 1996, which governs the arbitration proceedings for dispute settlement. The arbitration procedure is less formal and less […]
Concept of Ancestral Property & Inheritance Law in India
IntroductionThe inheritance laws pertaining to the division of property in India among Hindus are dealt with under Hindu Succession Act, 1956 and Amendment to it in 2005. Before the passing of this Act, the rights of sons and daughters relating to inheritance were different. Previously the sons had exclusive inheritance rights over the father’s property, […]
Protection of Trademark applications and Intellectual Property Rights
Summary Intellectual Property Rights refers to safeguarding and protecting the rights of the owner/inventor/creator. Applying for patents, copyright, or a trademark and granting the same is a form of protection of the invention/creativity. IPR provides benefits to the inventor, ensuring that others cannot use his invention without authorization. These benefits are a reward for the […]
How an NRI income will be taxed in India – Income tax and Tax matters
IntroductionIt is a fact that the taxes collected plays a dominant role in the growth and development of the Indian economy. All the residents of India pay taxes for their income earned under provisions of the Income Tax Act, 1961. Similarly, The Indian Income Tax Act, 1961 also provides certain conditions for taxation for NRIs […]
When do NRIs need a Succession Certificate and Legal heir Certificate?
Summary The article provides a detailed analysis of the concept of succession certificate, legal heir certificate and its need and purpose and procedure to obtain the same. The article specifically focuses on the purpose and procedure of obtaining both certificates. Succession CertificateBasically, a succession certificate refers to a certificate that is provided to the successor […]
Lal Lakir/ Lal Dora and Everything You Must Know About It
Summary: The article provides detailed information regarding the concept of Lal Lakir and Lal dora land or property. It focuses mainly on the risks and opportunities associated with owing or acquiring a Lal dora or Lal lakir land or property. IntroductionUnder the British ruling in the year 1908, for simplification and maintenance of the […]
All about Intellectual Property Rights (IPR) For Business Start-ups
For any start-up, it is challenging to compete with the existing players in the same field. The best way to fight competition is innovation. The invention can be your creativity in the form of a new product, process, design, advertisement, brand, logo, etc. This innovation is your Intellectual Property. Law protects it in the same […]