My father willed his share of partnership firm in my name
My father willed his share of partnership firm in my name
In his partnership deed it was not mentioned that the share can be willed , Is that will will be valid ? can be probated or it will be invalid. It is a registered will .
11 months ago
A. Good afternoon!
As per Section 4 of the Partnership Act, 1932, a partnership is result of an agreement and thus can not be succeeded mere by status of being heir. The heirs or legal representatives of the deceased will have a right of access to and to inspect and copy any of the books of the firm. The liabilities cannot be imposed on the heirs either.
Section 42(C) talks about ‘Dissolution of firm on the death of a partner.’ If there is no contract to the contrary then partnership automatica ...ReadMore
10th and 12th certificate surname change
how i change my surname on 10th and 12th marksheet and certificates?
11 months ago
A. Good afternoon!
The procedure depends on whether you are from the CBSE board or any other State board. the common procedure includes:
1. Preparing the necessary documents - The documents required varies from the reason you are changing your name. If it is due to marriage then you have to provide a copy of your marriage certificate. If you are changing your name because or through a court order, you should provide a copy of the court order. If you are changing your name due to any other reason, y ...ReadMore
IPC 420, IT ACT 66D
I received a message on WhatsApp that I am eligible to a part time job. And the job was to transfer money to different accounts from my account and I will get a commission for that. All these conversa
11 months ago
A. Once a complaint is made from any source and Cyber cell has freezed your Bank account on the report of the investigation carried on the complaint, you got no other alternative but to surrender yourself to the Cyber Cell and get the criminal charges made against you waived provided you are not any way involved in the scam. So cooperate with the Cyber Cell to find out the real culprit behind the scam.
Loan settlement
I have 4 loan emi 36000 and credit mount 3 lac, I am unable to pay, can i loan settled from bank, how
11 months ago
A. Dear Client,
Informing your inability to pay the outstanding amount of the loan to the Bank you can opt for OTS (One Time Settlement) Scheme, Bank offered occasionally for the loan defaulters extending some rebate on such kind of bad loan to get the loan settled in the prelitigation stage. You may take a chance if such OTS is now available with the Bank.
Otherwise, you may request the Bank to put up the matter before LOK ADALAT arranged occasionally by Dist. Legal Service Authority to settle t ...ReadMore
Property related issue between Tenant and Firm
Good Morning Sir, I am writing this email about a property issue related to the lease between the Firm and Tennant. We had taken 1 BHK flat in Bangalore from the Firm by paying the lease amount of Rs.
11 months ago
A. Dear Client,
When the terms and conditions of the Lease Agreement are about to expire on December 2023, for lack of information on the part of the Lessor, Lessee can not be evicted from the leasehold premises outrightly before the expiry of the tenure of the Lease Agreement if no specific time for service of advance eviction notice is not mentioned in the lease agreement. You need to resolve the issue strictly in terms of the Lease Agreement.
Further, in absence of right to lease, lessor can no ...ReadMore
Byelaws - Membership
In a registered co-operative residential society in Gujarat, there are positions like President, Secretary, Treasury and other members – totaling to 5 / 8 / 11 numbers. Normally whoever is owner of
11 months ago
A. Dear Client,
A nominee being legal heir of member-owner of the cooperative society, the member can nominate a name of member of his family to act on his behalf for the specific purpose for a specific period. Accordingly the nominee may be admitted as a member through a unanimous resolution in a routine meeting of the society.
As regards the nominees position in the Governing Body of Society if proposed by the member, the matter is being always decided on majority of vote passed in AGM
Relinquishment deed
I have purchased terrace from a person who got 1/3 rights from her sister through relinquishment deed before 1.5 years ago . I purchased 1 year ago from today aprox know 3 months before from today her
11 months ago
A. Dear client.
Since an order of injunction staying the sale of terrace is issued by a Court, you should keep the idea of the sale for the time being until the injunction is withdrawn or called off. Otherwise you may face the legal consequences for disobedience of the Court's Order.
Before buying any property purchaser need to be more careful than seller to avoid all sorts of litigation and legal consequences.
Property - My father self acquired property
My father self acquired property transferred on her name now she has executed will in this case she is competent to execute the will or the property considered as ancestral Please advise
11 months ago
A. Dear Client,
In case of self-acquired property, an owner can transfer the title of the property to anybody who got the absolute right to dispose of the property as he or she wishes.
But in case the self-acquired property left by the deceased owner is intestate, then the surviving legal heirs got an equal share of the property.
Now you have to find out whether the transfer of self-acquired property is made by the owner himself when he is alive or it is transferred after his demise through a Wi ...ReadMore
Self acquired property
I have purchased a property in Karnataka after working in Mumbai, and all the documents are recorded in my name. Among six brothers and two sisters, we are the fourth siblings. The last two individua
11 months ago
A. Dear Client,
The procedure to handle self-acquired property and ancestral property is different and there is no scope to mix it up and handle it following one procedure. A self-acquired property can be classified easily based on its documents.
In the case of self-acquired property the owner got an absolute right to dispose of it as desired not body can claim any share in the said property, but in the case of ancestral property, all the surviving legal heirs got equal rights to enjoy the proper ...ReadMore
Inheritance of agriculture land by son on demise of father in 1995
My father expired in 1995. He had some agricultural land in his name in UP. The land was transferred to me in 1996 in land records. Though the land was transferred in my name, it was being managed by
11 months ago
A. Dear Client,
It is very important to know, how an intestate property of your deceased father who died in 1995 is transferred in your name alone in the year 1996.
Next, as per law of inheritance, all the legal heirs got the right to equal share in the property left intestate by the deceased. So without the consent of other legal heirs, you cannot even sell the property, and they are equally entitled to the sale proceeds of the said intestate property if sold. Income generated from commercial act ...ReadMore
