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Anonymous   29 June 2018 at 10:25

Joint power of atorney

Dear Sir,
I have father who is a senior citizen and who has recently operated for foot finger. We have a matter that is going in lower courts. I want to take power of attorney from my father to represent on his behalf - that is myself and my wife. In case if I am not available than my wife can represent on my father behalf. What is the meaning of phrase jointly and severally in power of attorney document. Please reply.

Ashok Kumar Sharma   28 June 2018 at 15:44

Availing of housing loan on joint property

Dear Sir,

One of my known person own a residential plot in the name of himself and his daughter, who is 17 years old i.e. minor as on date. He has constructed the house from his own funds. Now some work is still to be done but he is not having funds. Hence wants to avail housing loan. Kindly guide, property can be mortgaged. If yes under which section/rule and competent authority if any legal permission is required for mortgaging the property.

Regards,

surendrababu   28 June 2018 at 10:56

Validity of certified copy of link sale deed

Sir I have purchased in the year 2017 a house site basing on Encumbrance Certificate and Certified copy of Title deed (since originals were lost in cyclone). Now I have applied for loan from a Nationalised Bank. The Bank Authorities are insisting for Original Sale Deed of my seller (link document). Please tell me the solution. if with any decisions

Deepak   26 June 2018 at 19:28

Agreements

For any agreement (NDA/CDA/MOU/MOA) is it necessary to make agreement on stamp paper only? How much should be the amount of stamp paper (Rs. 100 or Rs. 500 or any other amount)?

Is it necessary to include the witness in the agreement (NDA/CDA/MOU/MOA)? In other words is it necessary to have signature of the witness in the agreement?

If agreement is made on stamp paper is it necessary to register it? How to register it or what are the means to register?

If agreement is not made on stamp paper is it valid? is it necessary to register? How to register it or what are the means to register?

Anonymous   26 June 2018 at 12:40

Transfer of society land

Hi,
We the society hold a 700 sqmtr plot in a city in maharashtra, there are 12 members in the said society and i am the chairman of the society, the members of the society don't have funds to develop the said piece of land and so my question is :
1) can the society go in for JV or development agreement with a potential builder to develop the said property, if yes then what is better option JV or Development agreement.
2) can the society rent out the premises that the society receives from the builder in return of development agreement?? if yes then what are the tax obligation for the society in future?
3) finally if 5 members retire from the said society then the number of member for a legal society goes down, in that case what could be done?? can the remaing member dissolve the society, and in that case who gets the exclusive right of the land after the society is dissolved??

Anand   18 June 2018 at 17:45

Selling my chawl room

Sir I am planning to sell my chawl room in goregaon west area.
what are the things i need to take care while selling for example related documents and the proceeding.
kindly advice as needful.

Thanking you

Mustafa   18 June 2018 at 16:35

Is probate grant mandatory

Purchasing a property,
Link doc shows ( unregistered will) property is inherited to two sons from thier father. Their father is no more..
But the will is neither registered nor notarized. Infact will is written on a plane paper dated 21/06/2011.
How to proceed is probate grant required?

Anonymous   15 June 2018 at 16:45

Affidavits notarization from another state

Hello Sir,

1. One of our relative need an affidavit regarding nominee name change in LIC in Delhi and he asked for getting the same drafted and notarized from Gurgaon. Is it permissible to notarize an affidavit from Gurgaon (i.e. different state) and submit it in Delhi.

2. Also kindly advise if it's not the case of nominee name change, and any other affidavit then is it valid to get an affidavit notarize from one state for use in another state.

Thanks for your response.

Regards

Eswar Rao K   15 June 2018 at 07:05

E-stamp paper

We have purchase estamp paper for Deed of Hypothecation. E-stamp paper amount is 2 lakh. estamp paper purchased for executing loan documents. Total loan amount is 10 cr, however in that there is different sub category of loan. Both bank and party is same.

As advised by bank, estamp paper was supposed to purchase as per sub catgory of loan ( 1 for loan amount of 5 cr, 2 for loan amount of 2 cr, 3 for loan amount of 1.80 cr and 4 for loan amount of 20 lakh). However we have taken estamp paper for total amount of 10 cr. Bank and all these loan customer name, date and place of execution is same.

Please advise,

Is there any process at SHCIL to take breakup of estamp paper ?

if not, can we execute one e-stamp paper for the total loan amount. Since the bank and customer name is same.

Thanks
Eswar

Prasanna X D   14 June 2018 at 09:14

Documents needed to make pan in the name of a school

How do I make a PAN in the name of a school?
The school is in existence for the last 10+ years.
There is a bank account in the name of the school from which salaries are being given.
What documents do I need to make a PAN in the name of this school?
Is it enough to provide the bank passbook as a document?
Thanks in advance.
Prasanna XD