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i.vasudevan   14 February 2010 at 12:00

minor interest

Hi learned Advocates,

Clarify this please,

1. the property is ancestral property and two sons and daughters and their minor 2+2+2 are sold the property infavour of "A" on 2005(Ex.,minors age only below 10 ). For their minors natural guardians (father/Mother) signed in the sale deed as a guardians.

2. after that property owner "A" sold to another person"B" on 2006.

3. now what about minor interest?

4. "B" what to get the loan from Bank?
what is the risk?

5. I want to clarify whether minor can question after attaining majority ?





srinivasan   13 February 2010 at 20:05

Hindu daughter's right in partnership firm/ pvt,ltd company

sir
my father started a partnership firm with joint family fund with family
members that is his brothers as partners, in the year 1968, we belong to
hindu religion, and another company as pravite limited company in the year
1984 with same family members as directores.It contuned till 1987 after that
my father brothers relinquesed thear right in favour of my father, since
they wear companseated with other business started with joint funds.At the
same year 1987 he made his two sons as partners and directores.he dident
make any gift to us , after in the year 2006 my father got his share in the
joint family property which was sold., my father invested that funds also in
the paqrtnership firm and pravate limited company.It contuned till 2008 my
father died in2008 interstate with out will, in our family we are five
children 2 sons amd 3daughters, all of us are married.
Now my sisters are claiming equle rights in all the propertys. That is the
house property in the name of my father,some funds invested in bank as
F.D in my fathers name,
partnership firm ,and the pvt ltd company.Will the partnership firm and pvt
ltd company also biend to the H.S.A 2005. Sir now the daughter of a hindu
are also equle coparceners,will they get equale right in partnership firm
and pvt ltd company since in was started from joint family fund,and also
joint family fund which was resently invested in the year 2006.Sir please
clear my query.





Anonymous   13 February 2010 at 19:36

property tex

I am living in south Mumbai in Redevelop multistoried building. On the time of redevelopment builder done stamp duty & registration for all old tenant & give the promise verbally that I am
Taking care of all building maintenance like( electricity, housekeeping, security water bill etc)
With Property tax till O.C & B.C.C (occupy certificate & Building compaction certificate) pass or come From B.M.C or MAHAD.
Now builder is not paid property tax last 5year & asking the old tenant to paid the property tax
So placed tell me what to do.

Anonymous   13 February 2010 at 16:28

Sell of property at Kolhapur

Dear Sir,

I have a Flat at Kolhapur. This Flat I have purchased through builder and registration Stamp duty was paid with a Sell Agreement. The Loan from HDFC Bank taken by me and Rs 14 lacs cheque from HFDC bank was given to builder which was handed over by him to his banker M/S Panchaganga Bank at Kolhapur. NOC and Release note for the flat given by Panchanganga Bank. The Original documents are available with HDFC Bank.

Till today the Sell Deed was not made by the Builder. On 24th Nov 2009 we have made Sanchkar Patra with one of the buyer whose son is working with Union bank. This formality was completed by Buyers Lawyer by doing proper notice in news paper. The builders consent is also their at Sanchakar Patra. Then we have entered in Sell agreement with the buyer on 30/12/2009 with builders and my signatures.(Trio party Agreement)

Now the Loan amount of Rs 14 lacs is required to be paid by the Buyer to HDFC
By taking the loan from Union bank. Now two months have passed and buyer has
Not cleared the loan amount which is due. My EMI has been deducted by HDFC bank and I am making loses by paying loan emi.

The Buyer has not taken the loan as he wants again NOC From Panchanga Bank as he found that some loan amount of Bulider on building is still pending from builder. He is always telling me this NOC Reason to get the loan.

Panchangana Bank is not giving any NOC as builder has to pay some loan amount to them. Now the matter is pending from buyer as no fault of mine and I have cleared everything from my side.

Buyer has a fear of Notice which Panchanga bank sent to builder to clear the O/S Loan.

Now I have question whether the Bank will give NOC again which already given by them in the past to me. Also do I need to pay my EMI and if I pay then how and from whom to recover.

How to resolve this issue as in Sanchkar Patra Two Months period was given which was notarized and overdue by @ 2 months.


Please advice

Deepak Kulkarni
Mobile 9850985011

Sanjivani   13 February 2010 at 11:10

landlord and tenant

My client has a room in chawl and now he wants to build a first floor/one plus one but the landlord is not giving permission to build a one plus one, but he has given permission to one other tenant, but not my tenant, my client met to landlord and asked about his charges but landlord demanding one lakh for one plus one my client is ready to give 15,000/- what to do, please help me.

Anonymous   12 February 2010 at 22:43

gift deed


sir ,I got a plot in my name from my father in 1999 and i wish to build a house in it I am the only son and eldest child to my parents,
I am the only person who is supporting the family by working,I have 2 younger sisters and mother .My father has not given us any other property and he stays with another women elsewhere.
It is a 'gift deed' from my father and he had it registered at the sro,I have two sisters who are majors and they do not want to claim any share from it.
I would like to know the procedure for dakhil khariz procedure in the registrar of land office.
Can my mother or sisters get it done for me or do I have to go in person to get it done .I am not able to take leave or travel frequently to my native place where the plot is located due to workload and financial reasons.
please let me know the documents etc required to get it done.thank you.


sushil bhatt   12 February 2010 at 16:22

Property tax matter

Dear All,

We have purchased a property (for say Property No. 1) in an auction conducted by DRT in 2007. But the property cldnt be mutated in municipal records. The municipal authorities has now sent a demand notice in respect of the above property.

Since the mutation was not was not done at that time, the demand notice was issued in the name of previous owner.

The demand notice shows an arrear of 10,00,000/- out of 14,00 000/- for the period of before 2007.

What is the remedy available with us, should we approach municipal authority with all details related to property.

kindly advise.

Anonymous   12 February 2010 at 14:36

equql rights in property

sir.
As per law in andhrapradesh state can you please answer to my queries
1.can a married woman claim for equal rights in ancestral property(father father's property)and under which section can she claim so.
2.can a married woman claim for equal right in her ancestral property after her father is dead .
3.can the wife claim for share in her husband's property which he had aquired from his ancesters(after her husband's death.)

archana rathod   12 February 2010 at 14:35

RENT AGGRIMENT

a rent aggriment of a shop in market place
made betn.the owner and tht tenent befor15 yrs the monthely rent is too less in comparing todays marmet rate. now the owner of the shop wants back the shop and want to starts his own bussness. the tenent is not vacating the shop what we shoud do please suggest me the answer

Tejas   12 February 2010 at 11:06

Society membership for Pvt. Ltd. Co.

If a pvt. ltd co. buys residential flat in co-op hsg society. How can it get membership in the society.

What set of forms needs to be submitted to society's office to get membership..

just have this pre - printed form 4 - form of undertaking-use flat for alloted purpose--to be given on 100 Rs. stamp paper.

Also intsead of 100 Rs. stamp paper . can we fill out pre-printed forms and attach COURT FEE STAMPS - RS. 100 /= on them ????