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Queries Participated

KRIPAL singh   07 February 2012 at 20:07

Property transfer to foreign region non-resident person.

Dear sir,

My friend is want to purchase in delhi but there is a problem that he is living in outside India. Further my question is-

1. Can he is purchase any property in his name?

2. Can He is sale that property which he had bought?
3. How can he pay the value of property?

4. Any legal obligation is required to purchase/sale of property?

5. Any kind of tax should be pay him after purchase/sale the property?

He is my friend and as a friend i want to help him.

ravinder   12 September 2011 at 10:00

Query under company law

sir..

can a sec-25 co. be converred into a parternership firm under companies act,1956 ...?

karthik   11 September 2011 at 23:16

Plz help me !!

My Grandma, Father,his brother and four of my aunts(sisters of my father) are legal heirs of a property my father expired and we the sons are facing serious financial problems due to his unexpected expiry ...... We including the other aunts are ready for disposal of the asset as they were in same need as we are..... my Grandma is 87 years even she was willing to dispose the asset and distribute their respective shares but now my uncle(father bother) has taken my grandma with him and he is some have playing a double game saying sometimes he will sell off the property and give out all their shares and sometimes not and sometime he is ready to buy that asset and settle by paying us.........this story was being played since my father was alive in 2006 he was paralysed in 2004 and expired in 2008 and till now nothing happened ............

This is the fact the property value is 2.04 crores are per municipal value its market value is 2.5-3 crores

Now my query is can i file a police complaint on him for all his mischieves in not selling the property do we have such a legal right and stance on our side my aunts will also support as they are also willing to take their respective shares in selling the asset

Can any one suggest me any better idea to solve this

My mom was also not feeeling well i need money for her medication and also to clear my debts i lost my father and dont want to loose anyone more from my family ....... I will get 2,50,00,000/9 = 27,00,000 as my share how to acquire this please guide me anyone ........

Thanks and Regards
Karthik