In case where a property is owned by x's HUF (where X is karta), who will get the title of the property after X passes away?
my query to our learned brothers is that whether the settlement deed can be executed without specifying the extent of property settling like i am settling my 1/2 share in the property. i wish to know if there is any judgment to show that it can be done or cannot be.
Sir,
The Bank after proceeding under SARFAES Act 2002 invited Tender for sale of property. On the last day only one bid was recieved which was only Rs. 7 thousand above the reserve price. The action was confirmed. My question is that the bank was right on doing so because there was no competion and the price which is offered to the Bank is Less than the 50% of the present value of thye property.I have heard that atleast three tenders are mandetory but I cound'nt find the Citation or G.O.. Some one have the answer please reply its urgent.
hi,
I have heard that there is new statute lined up that any property should not be auctioned by the Finacial corporations or debt recovery team during the recession? is that true? if so when will it be active?
Pl intimate what is the time limit for property registration in Gurgaon and penalty if any thereafter.
What we Can Do If Nagar Palika (Municipal cor.)sell proparty inlegal
A Bequeaths by will equal shares to X and Y jointly in a business firm.
The firm was dissolved by mutual agreement.
X became the owner of the firm having paid half the shares to y be a deed of dissolution which was not registered.
Now after an elapse of 33 years from the date of dissolution, the son of Mr.Y has sent a legal notice through a lawyer to Mr X stating that X has cheated Y to an extent of Rs 5. laks and asks X to hand over the business to y or to him. He being the grand son of A, he claims that it is ancestral property and hence he has some succession to that business. Is it legally valid notice.
We five brothers were running a partnership firm ( Hotel Business) bequeathed by our father by a will.
The firm was dissolved after running it for fourteen years, after signing a deed of dissolution which was not registered.
Is it mandatory to register the deed.
Dear Friends,
What is mean by "Sale cum GPA". Can some body provide me, Format of the same please.
Matter is very very URGENT Please.
Thanks in advance...
Misusing of powers by authorities,How to ascertain?
Under what Circumstances,Dy.Registrar can Freeze Bank accounts,If members of the society feel that freezing bank accounts is Unjust and with not bonafide intentions,What is the course of action?