X is the only son to his parents, with five sisters.
His maternal side, there is some property done by his
grand father which they have registered to their younger
brother for some security purpose when X was a child. and
now in X’s meternal side his uncle is bachelor, and his aunt's
are spinsters. one aunt is married, but do not have any
child, one more aunt is married but have a girl baby. Now
my question is will X has right on the property or not.
Dear experts,
Please detail me in brief the latest amendments or developments in Corporate Laws, Antitrust/Competition Laws in India, if any.
Thanks in advance.
Dear experts,
What is the difference between inquiry and trial?
Thanks in advance.
Dear Friends,
My clients want to execute an Agreement for Sale for the purchase of an Agricultural Land. However the conditions for the purchase of the said land is that the Vendor should convert the said land into Non Agricultural land (NA) and also make a pukka road upto the said land.
Hence initially they want to execute an Agreement for Sale, pay full stamp duty on the agreed consideration and register the document.
On fulfillment of the conditions of the NA and the road, the sale deed between the parties shall be executed.
As we do not know the exact time period required for the fulfillment of the above conditions, how long can the Agreement for Sale be registered and kept (what is the validity) till the final execution of the sale deed.
Regards,
Sachin
This query is with respect to an “agreement for sale”.
A party X and another party Y (the owner of an individual house) entered in to an agreement for sale on Nov 12 ,2009 with respect to the sale of a semi-finished individual house. Under this Agreement, X paid the advance amount of Rs. 1,00,000/- in consideration of the sale and agreed to pay the remaining amount o consideration within 15 days from the date of this Sale Agreement. Y agreed to hand over vacant and peaceful possession of the property after receiving the balance sale consideration. (this agreement for sale is not registered).
Meanwhile, X applied to a bank for loan. The bank reviewed the documents of the property. The bank issued a sanction letter to X granting loan in favor of X. The cheque is not yet granted. Thereafter, the lawyers of the bank realized that the documents related to the property are not establishing proper link and the bank gave a remark on the file saying the same. X realized that the title of the property is defective as the documents available are ot able to establish the link and thereby not establishing the title. Hence, X desired to cancel the deal and called for the same. Y then orally admitted saying, “Yes Sir. All the properties in this area are like this. They do not have proper documents. And I cannot do anything about it. I had given all the documents of the property that are available and are in my possession.” Thereafter, relying on this, X asked Y for cancellation of the deal and refund of the advance amount. Y does not have any issues to cancel the deal but is reluctant to refund the advance amount.
X is not in default in this case. He entered into the Agreement for sale believing the property to be genuine and free from any encumbrances.
Now the queries are:
Whether X has reasonable ground to cancel the deal and ask for refund?
If he can, then what is the procedure?
If Y does not refund the advance amount then what shall be done? Can X sue Y? If He can, then what is the limitation period applicable in this case?
Dear Sir
I was working in a Pvt. Ltd. compony. Due to their herasment and over berdon of work, i gave the emedeate resignation. In over appotment letter the notic period is of 1.5 months. But They never collect the singed copy from me and also there was no any point mensioned that in case the notic is not given by any one the sallary of that period deducted from his Account. Now i wants to know that Is this mantioned in law that if the notic period is not given then there is sallary recovery from the account of empolee.
Thanks & Regards
Deepak Rana
Greetings to Experts,
What is the difference between an assignment and a novation?
When an assignment is made, who is responsible for the liabilities that arise under that agreement, the assignor or assignee? Please explain.
Thanks in advance
Sir,
Can any one suggest me a reliable website where i can download (for free) corporate legal documents (templates/samples for drafting) like Software license agreements, technology agreements, license agreements, vendor agreements and other related agreements. Its urgent.
Thanks in advance.
Dear Experts,
I am looking for National Law Schools providing for MBL courses. Can anybody provide me info pertaining to:
i) the National Law Schools which offer these courses either on a correspondence basis/regular basis;
ii)the criteria of selction of candidates for the course;
iii) do they conduct any commom entrance test for the course?
iv) How does it help as a career booster?
Thanks in advance and Wish you all the experts a happy and prosperous new year in advance.
Meaning of the "Litigation Management Materials"
Dear experts,
During the course of a research, I have come across this phrase "litigation management materials" in the context of work-product privilege. Hence, please explain me this phrase, so as to enable me to understand the concept of work-product privilege more effectively. Also, please tell me what are those litigation managment materials that are protected as work-product privilege.
Thanks in advance