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What and how Property Lawyers do their job

What’s real estate law all about? What's it that real estate lawyers do and how do they do it? These are the queries that pop up in one’s mind as one gets initiated in the real estate business and the only way one can get answers to these questions is by seeking advice. Oftentimes even after paying a couple of lakhs of rupees as a down payment on a flat, that is under construction the builder or developer does not start construction work on the plea that due to unforeseen circumstances, the construction work had to be withheld. A few months could very well have elapsed and the work may be pending. At this point, the developer/builder may be asked by the homeowner to clarify matters. Once the seemingly lackadaisical attitude of the developer is noticeable heated arguments may ensue followed by threats of a possible lawsuit by the homebuyer. The threat of a lawsuit is a deterrent for the contractor/builder who may retaliate by waiving off suing rights by signing one of the legal documents. Subsequently, the contractor who was unresponsive and had bolted would take the initiative of contacting the homebuyer. The homebuyer may ask the contractor to share copies of all relevant documents. If there is documentary evidence of waiving off suing rights amongst other rights then, in that case, it gets complicated, someone with little or no experience at all in real estate law ought to refer the case to an expert real-estate lawyer after providing initial legal advice.   Real estate laws, rules, and regulations Through networking, the extent of involvement in these matters is transparent. One may realize how real estate laws, rules, and regulations may affect one's daily lives. It can be intriguing knowing what is it that the real estate lawyers exactly do and more importantly how? The answer partially is - there are real estate law courses that qualify them to practice real estate law. Call 7604047601 for consultation with registered expert property lawyers on Vidhikarya.

Posted By

Avik Chakravorty

4 days ago

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India’s arguably generous maternity law benefits m...

In India, working mothers-to-be are far better-of than most of their peers in the developed world, however, the country’s maternity laws are archaic. A year or two ago, the country passed the Maternity (Amendment) Bill aimed at working women and their right to paid maternity leave from 12 weeks to 26 weeks which is the world’s third-highest. There is a no-win situation nonetheless — the law is meant for companies with a headcount of at least ten employees which is just a minuscule proportion of the working women of India.This limitation in maternity benefits is an upshot of the desire of the elite of India to merely mimic policies that are both purposed and executed in the West, without any sort of fine-tuning suiting Indian conditions. The maternity bill is an exemplary bill – phantom legislation that passes laws that don't have and in all probability will not be as effective as required. Progress or that one is doing something is an illusion, and is given, but the reality is something else. There is an ideological dimension to the law which is a part and parcel of what the Indian elite believes is good, just, and prestigious in communities transcending boundaries.Symbol of progressCanada and Norway are the only two countries, with GDPs per capita of 27 and 47 times higher than India’s, respectively, provide protracted maternity leaves in comparison with India. The moot point, however, isn’t the perception of generosity, but how the law is applied.It was estimated that the vast majority of Indian women shun work. While on the one hand the unorganized sector is comprised of over 80% of women working for companies with an employee headcount of less than ten. On the other hand, the organized sector comprises of 16% women workers, who do informal work, where the maternity law is not applicable.A more realistic assumption would be that a meagre 20% of the females work in the organized sector, then the law is potentially applicable to simply 1.3% of the workforce, or not even 1% of all females.Considering these off-the-cuff calculations, the unanswered question is why would India deplete its invaluable resources on ratifying a law that is applicable to a minuscule section of its growing population.Call 7604047601 for consultation with a registered expert maternity lawyer on Vidhikarya.

Posted By

Avik Chakravorty

1 week ago

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Consult Top Insurance Lawyers in India

Neha  Roy Choudhury

Neha Roy Choudhury

Advocate
Exp
Allahabad , Uttar Pradesh

Specialization

  • Insurance
  • Employment and Labour
  • Cheque Bounce
  • Advertising
  • Arbitration And Mediation
I am practicing since 2015. I am associate lawyer of Mr. Ashok Khare. i am an independent lawyer as well , and i do miscellaneous matters. View Full Profile
Total Answers Given : 1
Tarun  Arora

Tarun Arora

Advocate
Exp
Faridabad , Haryana

Specialization

  • Insurance
  • Family
  • Cheque Bounce
  • Child Custody
  • Civil
I Set up in 2019 Tarun Arora & Associates is a well established law firm. The growth of the firm is attributed to its founder Shri. Tarun Arora whose visionary leadership and hard work has enabled the firm to emerge as a leading Law Firm in India. Having the best lawyers in Faridabad. View Full Profile
Naresh  Kumar

Naresh Kumar

Advocate
Exp
East Delhi , Delhi

Specialization

  • Insurance
  • Civil
  • Licensing
I am a practising lawyer in Delhi District and Hight Court in all branches of law, specialising in Civil, Matrimonial 138 NI Act and Insurance disputes. View Full Profile
Karnish  Gupta

Karnish Gupta

PARTNER
Exp
Ludhiana , Punjab

Specialization

  • Insurance
  • Criminal
  • Administrative Law
  • Adoption
  • Animal Laws
I AM DRIVEN BY MY DESIRE FOR SUCCESS AND THAT I WORK IN HAND WITH THE CLIENT AS THE CLIENT IS ALWAYS IN TRACK WITH THE CASE I AM A WORKAHOLIC BY NATURE AND STOP AT NOTHING View Full Profile
Sunil  Jain

Sunil Jain

Lawyer
Exp
Ghaziabad , Uttar Pradesh

Specialization

  • Insurance
  • Criminal
  • Sex Crime
  • Bankruptcy And Debt
  • Consumer Protection
I am a criminal lawyer by profession based in Ghaziabad with appearance before all Courts and Tribunals in Delhi / NCR including Allahabad High Court and adjoining Districts of Western Uttar Pradesh like Meerut Moradabad Bulandshahr Muzzafarnagar Hapur Noida. View Full Profile
Romesh Pratap  Singh

Romesh Pratap Singh

Lawyer
Exp
Gwalior , Madhya Pradesh

Specialization

  • Insurance
  • Criminal
  • Admiralty And Maritime
  • Administrative Law
  • Arbitration And Mediation
Lawyer for High Court deal the criminal , civil , service and writ matter and also deal matter in District and Session Court and Family Court View Full Profile
Johnson  Thangiah

Johnson Thangiah

Advocate / Trial Advocate
Exp
Tirunelveli , Tamil Nadu

Specialization

  • Insurance
  • Civil
  • Cheque Bounce
  • Consumer Protection
  • Child Custody
Actively practicing before the District sessions courts of Tirunelveli and Tuticorin of Tamilnadu state India past more than 17 years.Also appearing before the Madras High Court Madurai Bench.Mainly concentrating on "TRIAL" works.( "Expert in Economic Offences") Mobile 9443194559 View Full Profile
Total Answers Given : 282
Ved prakash  Shaw

Ved prakash Shaw

Advocate
Exp
Bhubaneswar , Orissa

Specialization

  • Insurance
  • Cheque Bounce
  • Contracts And Agreements
  • Employment And Labour
  • Industrial Laws
Total Answers Given : 132
SUBRATHA  RAY

SUBRATHA RAY

Legal Counsel , Lawyer
Exp
Delhi , Delhi

Specialization

  • Insurance
  • Criminal
  • Sexual Harassment at Workplace
  • Divorce
  • Banking
Practicing Lawyer & mastering the law skills in the field of Criminal & Civil Laws. Appointed for Pro Bono Legal Services by Ministry Of Law & Justice, (Department of Justice). Expertise in Bail's & Anticipatory Bails, Civil Cases, Divorce , Patent & Trademark &Copyrights Law, Legal Draftings. View Full Profile
Total Answers Given : 13
mudassir  hussain

mudassir hussain

Associate
Exp
Bangalore , Karnataka

Specialization

  • Insurance
  • Intellectual Property, Copyright, Patent, Trademar
  • International Laws
  • Bankruptcy And Debt
  • Consumer Protection
Working as an associate at Lawyers Transcontinental and have been involved in corporate law, tech law and general litigation. View Full Profile
Total Answers Given : 3
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  • What is Insurance
  • What are Insurance Laws?
  • Who is an Insurer?
  • Who is an Insured?
  • What areas are covered by the Insurance Laws?

Vidhikarya will help you find a most suitable lawyer, for you in your city, who will be able to answer all your Insurance Laws related queries and also guide you on how to resolve this matter with ease.

About the Insurance Laws


As per Black’s law dictionary, insurance refers to a contract whereby, for a stipulated consideration, one party undertakes to compensate the other for loss on a specified subject by specified perils. The party agreeing to make the compensation is usually called the “insurer” or “underwriter;” the other, the “insured” or “assured;” the agreed consideration, the “premium;” the written contract, a “policy;” the events insured against, “risks” or “perils;” and the subject, right, or interest to be protected, the “insurable interest.”

What are the applicable laws to the Insurance Sector?


  • The Motor Vehicles Act 1988
  • The Insurance Laws (Amendment) Act 2015
  • Insurance Act 1938

Some important governance of Insurance Laws


  • Insurance Act 1938 – it is the essential law relating to insurance which prescribes the procedures and requirements to agree to by insurance organizations while doing the business of insurance and re-insurance. It likewise prescribes the arrangements relating to insurance affiliations, chambers and councils.
  • The Motor Vehicles Act 1988 – it prescribes the arrangements related to the 3rd party insurances to be gotten by motor vehicle proprietors and furthermore the obligations of the insurers towards outsiders in instances of accidents.
  • The Insurance Rules 1939 – accommodates licensing of different delegates and arrangement of different panels and the compliances to be seen by insurance organizations while working in the matter of insurance.
  • Insurance Regulatory and Development Authority (IRDA) Act 1999, And, The IRDA Rules & Regulations – the obligations, powers and elements of the IRDA have been indicated under Section 14 of the IRDA Act 1999. The IRDA has the obligation to advance, regulate and ensure methodical development of the insurance and re-insurance business crosswise over India, subject to the arrangements of this Act and some other law being in compel. This Act additionally sets out the Code of Conduct for insurance delegates.
  • The Insurance Laws (Amendment) Act 2015 – this amendment has been achieved with an expectation to help the insurance part in India. The most essential amendment delivered by the Act, its point is to build the FDI top in insurance companies in India from 26% to 49%.
  • Foreign Exchange Management (Insurance) Regulations 2000 – grants a person resident in India to take or keep on holding a life insurance policy issued by an insurer outside India, gave that the policy is held under a specific or general authorization of the Reserve Bank of India. It likewise allows a man resident in India to keep on holding any life insurance policy by an insurer outside India when such individual was resident outside India, with no consent of the RBI

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