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Shilpa Rani   05 January 2009 at 16:39

Fixed Deposit

Can i make Fixed Deposit jointly on me and my friend who is American Citizen by birth...if i choose survivor option...can he take the FD money on maturity ...are there any rules for Foreigners to claim the FD money....

Srinivas   04 January 2009 at 20:50

Property share of women

My grandfather had 6 children, he died in 1974. Four male children (including my father) shared the peoperty orally in 1974 itself, except my father all have sold their properties.
My father now wants to sell his share of property but his sister who is 80 yearold has filed a case for equal share. She was married in 1955 and has no husband she is having two children (one male and one female).
Whom would law favour if we file objections please answer ? My father or my aunt ?

Shilpa Rani   04 January 2009 at 15:50

Adopted daughter..

Hi

I am raising a 6 yrs old girl from 4 yrs( adopted as my daughter not legally ).She is everything to me ..recently i got some money after selling my land inherited to me by my grandfather...i got DD from the buyer so i deposited that money into my saving bank account...my questions are:

1.can i fixed deposit that money jointly on my name and my daughter's name even she is not legally adopted daughter.
2.In future if she has to claim the FD money does she need to be major...or anyone on her behalf can get it..i mean her biological parents.
please give your inputs...

Shilpa Rani   04 January 2009 at 15:43

Excemption from Tax possible??

We are 3 siblings .Recently we sold our Grandfather property which has 4 shares and i took my share from that sold money.
I was paid my share by D.D.I deposited that money in my saving's bank account...
now my query is ...do i need to pay any tax like capital gain tax etc for the amount i got...the property sold is agricultural land in AP india ...if i have to pay tax ...what taxes are applicable in this case...Actually the money i got is Fixed Deposit on my daughter's name...if i Fixed Deposit the money i got from selling agricultural land...will i still need to pay tax...please advice

SHAAN.......   04 January 2009 at 14:10

How to get property back from Tenant?

We have couple of shops at our hometown which is Karnal Distt. in Haryana state. One shop is given at rent from my Grand-father time to the tenant & from that time the shop is with him. After the person to whom shop was given his son was using the shop & now farther his sons are ready to work in our shop. Now we want our shop to free from tenant. Can any one please advice what type of case we should file in the court for this purpose & what step should we take on before filing case?

The building is very old and was build in 1949. It was given on rent in year 1974. Before this we have done a sub-let case in 1984 or so, In which we won at Session Court but Lose at High Court and Supereme Court didn't take the case. After that we did the case only for increasing the rent.
My Father has the property on his name & he has two sons one is me other is doing MBA. So, Can any body advice on this case.
Thanks in Advance.

Guest   03 January 2009 at 21:49

interim relief in a suit for the possession of immovable property and mesne profits

A is the plaintiff and elder brother of B, the defendant. A purchased a house in the group housing society, meant for only his organisation employees, after taking housing loan from his organisation and also from thrift and credit society. His younger brother along with his family requested his elder brother to allow him to stay with him for some time. Later on, the younger brother forced the plaintiff to vacate and stay in the first floor and illegally occupied the ground floor. The defendant also was forcing the plaintiff to sell half of the property to him. When the plaintiff filed the case for possession of immovable property and mesne profits for Rs.5000/- per month from the date of suit, the defendant resisted by saying that actually, he financed the plaintiff to purchase tghe property and that is why he hasgot rights in the property. The clear title is in the name of plaintiff and he is still paying instalments to his employer for the housing loan. In the case the pleadings are complete and the evidence is yet to start. The defendant is prolonging the litigation by filing frivolous applications.
Now my question is:
Under what order and rule of C.P.C., the plaintiff can move interim application seeking interim relief of Rs.5000/- per month from the defendant, as the plaintiff is paying electricity, water, housing society and other maintenance charges. Kindly advice me and sincere advance thanks.

Balasubramaniam S.   02 January 2009 at 19:08

specific performance of contract

the agreement holder has filed a suit for permanent injunction restraining the seller not to distrub his peaceful posession and enjoyment of the agreement property since the possesion of the land is handed over to him at the entering the sael agreement without the seeking for specific performance of the sale agreement but in the plaint he has averred that he reserves his file a suit for specific performance and he has not taken the leave of the court to file the suit for specific performance later and the court has granted injunction. my query is whether the purchaser can file a suit for specific performance at the later date though no leave has been obtained. i require if any judgment is available to substaniate that the purchaser can file a suit for specific performance at later date.

it seems i have not made it clear to our forum. what i want from the members of our forum is that the judgment which says that a suit for specific performance can be filed later when there is pleading in the plaint that the plaintiff reserves his right to file the suit later. pls. quote judgment in your reply, it will be useful for me to convience the court, if it ask for it to number the lis and contend before the court.

Shilpa Rani   02 January 2009 at 18:15

Shall i need to pay any tax....

Hi

We are 3 siblings .Recently we sold our Grandfather property which has 4 shares and i took my share from that sold money.
I was paid my share by D.D.I deposited that money in my saving's bank account...
now my query is ...do i need to pay any tax like capital gain tax etc for the amount i got...the property sold is agricultural land...if i have to pay tax ...what taxes are applicable in this case...please advice

KAMARAJ BHARATHY G   02 January 2009 at 16:57

VALIDITY OF POWER OF ATTORNY

A POWER OF ATTORNY DEED WAS MADE IN 2000. THE PRINICPAL EXPIRED IN 2004. POWER AGENT HAS SOLD THE POWER MENTIONED PROPERTY IN 2008. NOW MY QUESTIONS ARE
1. AFTER DEDATH OF PRINCIPAL WHAT IS THE VALIDITY OF POWER DEED?
2. THE POWER AGENT CAN MAKE SALE THE POWER PROPERTY AFTER THE DEATH OF THE PRINCIPAL?
3. IF THE POWER AGENT SOLD THE PROPERTY BY SUPPRESSION OF THE DEATH OF PRINCIPAL, THE SALE IS VALIED?

R.RAJENDRAN   02 January 2009 at 10:09

Writing a will allotting share of property

I understand that a person can write a will as per his wish with respect to his self-earned property.If so, please answer the following query:
I am 60 years old and possess a house(worth of Rs. 20 lakhs) and a plot(worth of Rs. 3 lakhs).These properties were bought by me out of my self-earned money.I have a son and a daughter and both are married.I WANT TO WRITE A WILL ALLOTTING 99% OF MY PROPERTY VALUE TO MY SON AND 1% OF MY PROPERTY VALUE TO MY DAUGHTER AFTER MY DEATH AND MY WIFE'S DEATH.Can I write such a will?

Rajendran