Please clear this Statement in Sec 6:
Provided that nothing contained in this sub-section shall affect or invalidate
1 any disposition or
2 alienation including any partition or
3 testamentary disposition
of property
which had taken place before the 20th day of December, 2004.
My query: This statement is in reference to a property or a Married daughter got married before the inactment of this Law.
Here "Disposition" word generate confusion.
I want to know whether any permission is required from court/Govt/ Charitable Commissioner, when a charitable trust wants to mortgage its property for raising a loan from a commercial bank(though the trust deed & resolution empowers it to do so).I may add that there are several opinions among my collegues & many of the advocates are unable to give a definite answer to the same.
hi all,
Thanks for the your valuable advice pertaining to my querry regarding the need for succession certificate . well, i read some where that if there is no dispute between the family members with regard to the property, then there is no need to apply for sucession certificate. how far is it true.More over should we pay very large stamp duty with respect to the value of the property.
dear sir
my mother is about to acquire a property woth of 95lakh thru sucession which she intents to distribute as a gift to 9 members of the HUF this includes two House plus certain shares,ornaments,bank balances & utensils pl suggest an easy way leading to proper distribution with minimum liable tax
Regards
R_PVK
Dear friends,
Using citation in the Will, Revenue
Divisional Officer issues a certificate for
a Legatee (Say Sy. Nos. X & Y ). Can we assume the
the Will is Approved/Accepted by the Revenue
Authorities? And on this basis can we ask
the M R O/ Tahasildar to implement the will
for Effecting the Mutation of some other ( Say Sy.
Nos. A B C etc. As detailed in The Will ) Properties
on Legatee's name, as Declared by the
Testator.
With regards...
can we approach the high court for permission to demolish our building which is more than 100 years old. can the tenants protest since ours is a public charitable trust and exempted from TN rent control act
is there a time limit to file a suit for redemption to redeem the suit property.can it be filed even after 30 years as specified in Limitation Act?
Sir we are a 100 year old public charitable trust. are building is in a damaged state. we have obtained a court order to sell the property because of its condition. the tenants are refusing to vacate inspite of our request. as per tamilnadu rent control act we are exempted from all provisions of the rent act. so what is the best way to evict them because the building has started falling from certain places. and how long will it take to vacate them
Dear brothers,
Kindly clarify my follwing doubt.
A private limited company ( has got only two directors) has constructed its factory building on a land not owned by it.The said land was owned by the above mentioned two directors along with their three brothers.Now the company decided to sell the factory building to the land owners at the book value.Does this transaction attract stamp duty since no transfer of land is involved only factory building is transferred. The value of the factory building comes to Rs.22 lakhs
regards
sr laksminarasimman
transfer
my client purchased house from seller now this seller had earlier had taken token amount from other buyer and now issue is that due to non complition of earlier contract by other buyer ,seller sold away house to my client . Every possible formality of transfer is over only except transfer of share in name of my client as this was not completed as previous buyer's lawyer sent away legal notice for recovvery of token amount and sent one more letter to secretary to stop transfer of shares . now my question is that
1)can secretary transfer shares treating notice as invalid as it is not court order and sale had already taken place .?
2)can the prior buyer recover token amount from seller ?