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Difference between Gift Deed & Transfer Deed
A gift deed transfers property ownership voluntarily without any money in exchange, often to family members to save on stamp duty, and cannot be revoked once registered. A transfer deed is a broader term for action-based ownership transfer, which can include sale (for money) or family transfers, often used to formalize changes in title. [1,…
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Legal Remedies when Bank declares you NPA?
When a bank declares a loan a Non-Performing Asset (NPA) after 90 days of non-payment, borrowers can challenge this via the SARFAESI Act, approach the RBI Banking Ombudsman, or file a case in the Debt Recovery Tribunal (DRT). Key remedies include submitting a formal objection, requesting debt restructuring, negotiating a One-Time Settlement (OTS), or filing…
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SBL Builders Complaint to CBI by Supreme Court News
CBI Raids at 77 Locations in Chandigarh-Mohali in Real Estate Fraud Case In a major crackdown on alleged real estate fraud, the Central Bureau of Investigation (CBI) conducted raids at 77 locations across Chandigarh, Mohali, and other parts of the country involving a prominent builder group. — Background of the Case The case revolves around…
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498A Complaint Jurisdiction – Tricity Free Legal Advice
A complaint under Section 498A of the Indian Penal Code (now Section 85 of the Bharatiya Nyaya Sanhita, 2023) regarding cruelty to a married woman can be filed in multiple jurisdictions, based on where the offence occurred or where the wife is residing after leaving her matrimonial home. [1, 2, 3]Â Key jurisdictions for filing…
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Chandigarh HighCourt Senior Advocate- SC News
Plea in Supreme Court Alleges Bias in Senior Advocate Designations A petition has been filed before the Supreme Court of India raising serious concerns over the process of designation of senior advocates by the Punjab and Haryana High Court. — Background of the Petition The plea, filed by advocate Satish Chaudhary, challenges the High Court’s…
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