IntroductionWhen an Indian attains the status of an NRI, it gets difficult to some extent to invest in properties located in India, whether related to investment in shares or debenture or real estate, to name a few. Different statutory bodies have various rules and regulations for investing in different sectors by an NRI. For example, […]
Summary Will is an essential legal document which should be prepared during the lifetime of the testator. A Will document can be made in any language, and it needs to be signed by the testator. Further, the Will document needs to be attested by at least 02 witnesses. A Will can be registered at the […]
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 […]
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 […]
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 […]
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, […]
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 […]
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 […]
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 […]