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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

5 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 Financial Markets and Services Lawyers in India

Naasha  Anklesaria

Naasha Anklesaria

Associate
Exp
Ernakulam , Kerala

Specialization

  • Financial Markets and Services
  • Administrative Law
  • Advertising
  • Animal Laws
  • Aviation
Varied experience in filings before the District and High Court(s) as well as Corporate experience. Please refer to "Secondary Expertise" or contact me for clarifications. View Full Profile
DIWAKAR  JHA

DIWAKAR JHA

civil court advocate
Exp
Banka , Bihar

Specialization

  • Financial Markets and Services
  • Advertising
  • Animal Laws
  • Aviation
  • Debt and Lending Agreement
Nayagam  M S

Nayagam M S

Advocate
Exp
Chennai , Tamil Nadu

Specialization

  • Financial Markets and Services
  • Advertising
  • Animal Laws
  • Aviation
  • Debt And Lending Agreement
Alankar  Narula

Alankar Narula

Advocate
Exp
Chandigarh , Chandigarh

Specialization

  • Financial Markets and Services
  • Contracts and Agreements
  • Intellectual Property, Copyright, Patent, Trademar
  • IT Contracts
  • Debt and Lending Agreement
Practicing lawyer in the High Court of Punjab and Haryana, Chandigarh and various other Judicial and Quasi-Judicial Courts across the country. Having worked with Fortune 500 clients, I specialise in corporate documentation and litigation along with general civil and criminal litigation. View Full Profile
rajat  goel

rajat goel

Designated Partner
Exp
Delhi , Delhi

Specialization

  • Financial Markets and Services
  • Corporate and Incorporation
  • Bankruptcy and Debt
  • Cheque Bounce
  • Criminal
We deal in every type of matter whether its relate to taxation, secretarial , accounting , audit or legal cases or drafting. whether related to individual or company. View Full Profile
PREMA KRISHNA MOORTHY

PREMA KRISHNA MOORTHY

Advocate
Exp
Chennai , Tamil Nadu

Specialization

  • Financial Markets and Services
  • Advertising
  • Animal Laws
  • Aviation
  • Debt and Lending Agreement
MANISH  KUMAR PANDEY

MANISH KUMAR PANDEY

ADVOCATE
Exp
Haldwani-cum-Kathgod , Uttarakhand

Specialization

  • Financial Markets and Services
  • Criminal
  • Animal Laws
  • Election Campaign And Political Laws
  • Maternity
Pawan K Pandey

Pawan K Pandey

Practicing
Exp
Mumbai City , Maharashtra

Specialization

  • Financial Markets and Services
  • Civil
  • Commercial
  • Divorce
  • Criminal
Shreedhar Ramesh Das

Shreedhar Ramesh Das

Exp
Bagalkot , Karnataka

Specialization

  • Financial Markets and Services
  • Debt and Lending Agreement
  • Election Campaign and Political Laws
  • Environment and Natural Resources
  • Equipment Finance and Leasing
VIvek  Mapara

VIvek Mapara

Lawyer
Exp
Ahmedabad , Gujarat

Specialization

  • Financial Markets and Services
  • Property
  • Criminal
  • Corporate and Incorporation
  • Advertising
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  • What is Financial Market?
  • What is Financial Service?
  • Who are the primary regulators of the financial sector in India?
  • What is the aim of regulating the financial sector globally?

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

About the Financial Market and Service Laws


As per Black’s Law Dictionary, Financial Markets refer to the market for stock, bonds, bills of exchange, commodities, futures, and options. They are exchanges for capital or credit. Refer to capital market and money market.

As per Black’s Law Dictionary, Financial Services refer to the skills and offers that are offered by a bank or financial institution. It can be a savings account, checking account, confirming, leasing, or money transfer.

Indian Capital Markets are managed and checked by the Ministry of Finance, The Securities and Exchange Board of India and The Reserve Bank of India.

The Ministry of Finance manages through the Department of Economic Affairs - Capital Markets Division. The division is in charge of detailing the arrangements identified with the systematic development and improvement of the securities markets (i.e. offer, obligation and subordinates) and in addition ensuring the enthusiasm of the financial specialists. Its primary aim is reformation in the securities market on an institutional level, the building of a regulatory framework, bolstering investor protection mechanism, provision for the efficient legal framework for securities markets.

Regulators of Financial Market and Service Laws


The primary regulators of the financial sector in India are:

  • The Securities and Exchange Board of India (SEBI) which sets up regulatory policy, carries out implementation as well as has the power of enforcement of the regulatory rules. Complaints regarding decisions of SEBI are adjudicated by the Securities Appellate Tribunal
  • Reserve Bank of India which looks into the aspect of implementation of monetary and credit policies. RBI is the banker to the government. RBI has several policies which affect the financial sector. These policies also influence the rates of inflation.
  • National Stock Exchange (NSE) – it provides specific regulations for the domain of securities market.

Need of regulating the financial sector


The goal of regulating financial sector is to protect the de facto principles of regulation which include things like protection of stability in pricing, safeguarding of the small investors, prevention of market misconduct, and so on.

Regulation of financial sector universally is comprehensively guided by two aims: prudential regulation and direct of business regulation, including consumer protection. The four key institutional frameworks for regulation of the financial sector globally – Institutional Approach (element based regulation), Functional Approach (movement based regulation), Integrated Approach (all-inclusive controller model) and Twin Peaks Approach (division of prudential regulation and lead of business regulation) – all endeavour to address the above destinations through various formal structures. Post-crisis, another measurement of 'systemic stability' is being tried to be included as another goal of financial sector regulation yet the correct shapes in such manner are still in progress.

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