As the number of Non-Resident Indians (NRIs) living and working abroad continues to rise, concerns around NRI estate planning and asset succession have also increased proportionally. With complex cross-border tax and inheritance laws involved, proper NRI estate planning is essential for NRIs looking to pass on their assets smoothly to their heirs in India. In […]
On January 3, 2025, the Supreme Court of India issued a significant ruling addressing the distinction between the valid execution of a Will and its genuineness. The Court observed that proving the execution of a Will as per Section 63 of the Indian Succession Act, 1925, and Section 68 of the Indian Evidence Act, 1872, […]
Will is a legal document that specifies the person’s intention and wishes, which needs to be performed after his/her death. The maker of the will is known as the testator/testatrix, and it can be revoked only during his/her lifetime whereas a Probate is defined under the Indian Succession Act, 1925 as – “A copy of […]
Have you ever wondered how courts decide who gets paid first when someone owes money to multiple people? Let’s explore the fascinating rules of marshalling and contribution under India’s Transfer of Property Act in everyday language. Understanding Marshalling: The Fair Play Rule Think of marshalling like a traffic policeman directing vehicles. It helps organize who […]
Ever wondered what happens to your precious belongings after you’re gone? Let’s talk about testamentary disposition in India – don’t worry, we’ll keep it simple and friendly! What’s This All About? Testamentary disposition is just a fancy way of saying “planning who gets your stuff through a will.” It’s like making sure your final wishes […]
Are you intending to purchase or sell a property in India? If you have heard the term “circle rate” mentioned, then you are likely familiar with it. However, what is it specifically, and how does it impact your real estate transaction? Let’s delve into and clarify this crucial concept. What is a Circle Rate? Simply […]
Land acquisition can feel like navigating a complex maze, but the Real Estate (Regulation and Development) Act, or RERA, has become a game-changer for property buyers and developers alike. Let’s break down how RERA transforms the land acquisition landscape, making it more transparent and buyer-friendly. What Makes RERA Special? Imagine a world where property deals […]
Creating a will is a crucial task that can greatly benefit your family. In Islamic law, this process has its own special rules and guidelines. Let’s break down what you need to know about making a will under Muslim law in simple terms. The Importance of Islamic Wills Muslims are strongly encouraged to have a […]
Supreme Court Gives Clarification on Transfer of Actional Claims In October 2023, the Supreme Court (SC) in Infrastructure Leasing and Financial Services Ltd. v. HDFC Bank Ltd. & Anr.[1] clarified on the legal stance pertaining to transfer of actionable claims. This ruling emerged from a dispute between Infrastructure Leasing and Financial Services Ltd. (IL&FS) and […]
INTRODUCTION As the nation develops and grows each day, equal importance should be given to all regions in all genres. The best approach to the advancement and recognition of any field is to create groups and societies that understands the skills and talents of individuals to help them grow bigger, better and appreciated, and to […]
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