Stamp Duty payable for transfer of property yo trust name
Stamp Duty payable for transfer of property yo trust name
We are in process of creating trust to transfer all the properties to my brother, who is suffering from depression. Question is do we need to pay stamp duty to transfer the properties in trust name.
Posted 2 weeks ago
A. Dear Client,
Please note that while stamp duty will be payable on the property that is transferred to the trust during your lifetime, no stamp duty is payable on the transmission of your properties settled in trust under your Will.
Advocate Anik
Bangalore
Kishan Dutt Kalaskar Retired Judge
Bangalore
Is Co-option allowed as of today
As per new 2019 amendments to MCS Act, is co-option allowed ? WIll managing Committee be the entity who will co-opt the member? What is the procedure in brief
Posted 3 weeks ago
A. Dear Client,
Yes, as per new 2019 amendments to MCS Act, is co-option allowed.
For further knowledge regarding this I’d suggest you to get in touch with a local lawyer who has worked under MCS Act.
Advocate Anik
Bangalore
Abhimanyu Shandilya
Kolkata
Our Society has both residential and commercial units
Our Society has both residential and commercial units which is likely to go for major repair work in near future.. Can Society form repair committee and authorize them to open and operate Society repa
Posted 1 month ago
A. Dear Sir,
Yes, it can maintain such account and use the amounts accumulated therein and such amounts can be used only for the purpose of repair and maintenance.
Legal validity of adhoc team formed for a housing society
Our housing society is registered with ROS, but has not been renewed from the past 2 two years. A team of elected members were operating the association, but due to no-confidence from a section of own
Posted 1 month ago
A. Dear Client
If the voting and other related process and steps are not according to the byelaws of the society and or the rules framed by the society registrar in that location then whatever they do will be considered as not valid. Check with your byelaws and see whether they are following the rules or not.
charitable trust - need NOC letter to open bank account
An employee resides on the presises of charitable trust and he need NOC letter to open bank account and apply for Ration card
Posted 1 month ago
A. Dear Sir,
The Trust may pass resolution to that effect and take a rent deed from him and issue NOC letter to open bank account. Thus the employ can get ration card.
Advocate Anik
Bangalore
Mr. Prasad
3 years back my housing society in Navi Mumbai Maharashtra started collecting Rs. 3000/- per month for building repair. Additional amount was getting billed under repair fund in monthly maintenance On
Posted 3 months ago
A. Dear Client,
Send a legal notice against the defaulter and newly elected managing committee for the default in the service and lack of performing duty. The rules are applicable same for every member.
For more details, please contact.
Thank you.
Advocate Anik
Bangalore
Advocate Anik
Bangalore
Abhimanyu Shandilya
Kolkata
Procedure of Removal of Chairman
Hi! We need advice regarding the removal of the chairman from the trustee board. The chairman is currently holding another managerial post in another registered organization. Also, he's contesting in
Posted 3 months ago
A. Dear Client
As per the facts which have been provided, call a meeting of the board. Raise the issue of removing the chairman for discussion. Decide if you want to remove him from the chairman's office or from the board entirely. Negotiate a resignation to avoid acrimony, if possible.
Hope this clarifies your query and requirement.
Thank you.
Advocate Anik
Bangalore
Kishan Dutt Kalaskar Retired Judge
Bangalore
Maintenance in society
I live in a shantvan society. And my society is not registered and the society does not clear garbage in my street. So if I have stopped giving maintenance, if those people ask me to cut the water l
Posted 3 months ago
A. Dear Client,
You can file a suit for injunction against the society members as they are not entitled to cut your basic water or electricity supply.
Advocate Anik
Bangalore
Kishan Dutt Kalaskar Retired Judge
Bangalore
Neighbour issues as the house is given to run school
We purchase house in new built society , everything is smooth till last year however last year our neighbour gave his house on rent to one of the school . (small school ) till 10 years , but due to th
Posted 4 months ago
A. Dear Client,
The nuisance suffered by you is termed as Private Nuisance. Since the noise pollution caused directly interferes with your right to enjoy your property and live comfortably you can file a suit for private nuisance. However, you must be able to show that the discomfort caused is of such a degree that it is intolerable.
Thank you
Advocate Anik
Bangalore
[email protected]
good morning, I have a question regarding my housing society. My society is registered as a co-operative society from Ahmedabad. In my society few committee members and chairman are not owners/propri
Posted 6 months ago
A. Dear Sir,
Before answering your questions bye-laws of the Society is to be read. He can become chairman of the Society if rules permits.
