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Amendments to The Real Estate (Regulation and Development) Bill, 2013

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi, gave its approval to amendments to the Real Estate (Regulation and Development) Bill, 2013 pending in the Rajya Sabha, and approved amendments proposed in the Bill. The recommendat

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Validity of equitable mortgage created in an un notified town and its enforceability

Posted by LEKSHMI

As regards creation of equitable mortgage (Section 58 (f) of Transfer of Property Act), it is not legally essential that the property, offered as a security, should be located in a notified town. The legal requirement is that the title deeds should be deposited with the lender in a notified town irrespective of the location of the property. What if the the title deeds accepted/deposited in an un-notified town but kept at the notified town, has the equitable mortgage come into being and the transaction legally valid ? If not what can be done to make the equitable mortgage so created legally enforceable

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The Real Estate Act is a game changer - 6 things to know about it

FEELING TRAPPED? 6 ways in which the Real Estate Act will protect you. The Real Estate Act comes into force in 2016 and makes several provisions

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Benami Transactions (Prohibition) Amendment Act, 2016

Literally, Benami means “without name”. The Benami transactions are those transactions in which the real beneficiary is not the person in

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The Benami transactions (prohibition) amendment act - Nutshell

Object: To define benami transaction To establish adjudicating authorities and an Appellate Tribunal to deal with benami transactions, and T

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Updated on : 22/01/2017 05:04:06

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