Ever been asked to sign an 11-month rent agreement to save stamp duty? Understand its ramifications? If not, you might want to read this article. Most people tend to confuse stamping and registration and/or use these terms synonymously. Stamping and registration have different implications. The Indian Stamp Act, 1899 deals with stamping of documents. Registration…
DetailsThe term ‘leasehold’ bears a different connotation from the word ‘lease’, as we ordinarily understand and use these terms. Lease of an immovable property is a transfer of a right to enjoy such property, express or implied, in consideration of rent paid or promised to be paid. Leasehold, on the other hand, generally connotes a…
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The importance of IP should not be undermined by startups because of the long-term sustainable advantages it offers. When entrepreneurs embark on that unique business idea that they have no doubt would be a commercial success in the market, their prime focus initially is how to actually start giving shape to the venture. In the…
DetailsMriga Solanki and associates Theresa Thomas, Satadru Goswami, Devangshu Nath and Sampada Bannurnath.
Norton Rose Fulbright (Asia) advised the bank of New York Mellon in its role as a trustee for the issuer.
It does not provide adequate safeguard or punitive provisions for misuse or land grab in the guise of land acquisition
The government, has recently passed an ordinance, for amending the Right to Fair Compensation and Transferency in Land Acquisition, Rehabilitation and Resettlement Act, 2013(the 2013 Act), in the hope of bolstering a sluggish economy.
Recently I had the opportunity to visit the Mangar village and meet the local populace. The area is breathtakingly beautiful. From the top of the little hill, you will see a majestic mountain and below this lies the larger expanse of the flat area, comprising just farmhouses, with the rural populace confined to a cluster…
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Judgement on Admission is a powerful proposition of law and is encapsulated in Order 12 Rule 6 of the Code of Civil Procedure (“CPC”). To put this proposition simply, if there is an admission of fact, by either party, verbality or in written form in any documents or in pleadings, and such admission is unequivocal,…
DetailsAn environmental disaster is waiting to happen as conversation efforts are alienating farmers – the main stakeholders of Mangar Much has been written about the conversation of the Mangar region. While perusing some reports, I realized that since the 1970s there has been a focus on conserving the environmental in this region. This drive has…
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How can Landlord protect himself/herself from unscrupulous tenants who overstay there welcome? It is imperative that landlords execute carefully worded lease. The document should include a clause which provides for a penalty for each day that the leased apartment is not vacated. It is imperative to ensure that the lease agreement appropriately words, this per…
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