An immediate relative, such as a son, daughter, brother, sister, aunt, or uncle, is an inheritor if they are legally entitled to claim or receive an inheritance from the dead owner’s ancestors’ assets and/or things in situations where there is no longer a valid will. If no immediate family member is claiming the inheritance, the […]
Category Archives: Legal
The Indian Succession Act, 1925: How Property is Inherited in India
The Indian Succession Act of 1925 is responsible for all inheritance laws. It is used as the primary source for distributing the assets of a deceased person. The Indian Succession Act is as diverse as the people in the country. Diversity is a necessity to ensure that all people, regardless of their religion, get access […]
Illegitimate children’s property rights
Draft Model Act on Land Titles
The NITI Aayog released a draught version of the land titling statute and policies for states on conclusive land titling on October 31, 2020, to simplify the land purchase process for infrastructure projects and reduce conflicts. Eleven important details about the version of the law that grants states the authority to set aside funds for […]
Is it permissible to sell property with a power of attorney?
A power of attorney is a document that authorizes a certain individual to act for and within the boundaries of the one executing it. The executor of the record is referred to as the ‘predominance,’ and the person who represents the predominant in deals with 0.33 events is referred to as an ‘agent.’ An agent […]
Everything you need to comprehend about the Rectification Deed
Real estate purchases entail a lot of laborious documentation, that can result in a silly mistakes. Nevertheless, if such flaws are not remedied quickly, they may call the legitimacy of the papers into question. A rectification deed allows purchasers and sellers to correct mistakes in property paperwork. Continue reading to learn more about rectification deeds […]
Maharashtra Samruddhi Mahamarg Would Be Highlighted In A New Industrial Policy.
To encourage the development of industrial centres along the Maharashtra Samruddhi Mahamarg, the government’s new industrial policy prioritised the second phase of the road project. The first stage of the project is limited to a 706-kilometre route connecting Nagpur and Mumbai, whereas the second phase comprises the building of industrial complexes.
All about – Probate Of A Will
Everything you need to know about the Societies Registration Act
The Societies Registration Act of 1860 established legal status for organizations fostering poetry, art, science, and charitable events. But changes and instructions made by the Union Territory (UT) and states have authorised the creation of RWAs under the abovementioned laws. This blog examines the legal criteria for founding and registering a society in India.
Everything You Need to Know About Letters of Credit (LC)
Letters of Credit (LC) are payment instruments used in international commerce to give financial assurance from a creditworthy bank to an exporter. Letters of credit mitigate expenses in international commerce transactions when the buyer and seller are acquainted with each other. Your organisation can only settle for items when the seller produces proof of shipment […]
