Interplay of Will, Gift and Relinquishment Deed in the Indian context

Estate and succession planning aids in establishing an orderly process of transferring a person’s wealth and assets. As the catastrophic outbreak of COVID-19 continues to wreck a global havoc, it is imperative for the families to secure their hard- earned wealth and assets through estate planning. A well-defined estate and succession plan can prevent future... Continue Reading →

Covid-19 Update: Delhi High Court Clarifies the Conundrum Surrounding Force Majeure in Rental Agreements

The pandemic caused due to COVID-19 and the lockdown imposed by the Central Government has almost stalled all the businesses courtywide. This has inturn caused a lot of hardships to the business establishments (not being essential service providers), especially in paying salaries to the employees/workers and the rent of the premises. Recently, the Delhi High... Continue Reading →

Maharashtra RERA Rules, 2017

Government of India has enacted the Real Estate (Regulation and Development) Act 2016 ("Act") and all the sections of the Act shall come into force with effect from May 1, 2017. Under this Act, Government of Maharashtra vide notification dated April 20th, 2017 notified the Maharashtra Real Estate (Regulation Development) (Registration of Real Estate Projects,... Continue Reading →

The Real Estate (Regulation and Development) Act, 2016

The real estate sector is widely unorganized, unregulated and was prone to deception. Since a long time, there has been a dire need to regulate the real estate sector and to establish a law to promote an environment of trust and confidence amongst the purchasers in the real estate sector. For any deficiency of services... Continue Reading →

Stamp Duty and its relevance

The basic idea about stamp duty and the obligations imposed under the Indian Stamp Act, 1899 (“Act”) for interstate transactions has been illustrated in our previous blog. The concept of stamp duty was introduced by the Britishers in 1899 and was applicable for all property transactions. Stamp duty was to be deposited in the government... Continue Reading →

FAQs on payment of Stamp Duty in Maharashtra

  In this post, we have sought to compile some of the common questions that arise in the minds of corporates and other individuals who commonly enter into e-contracts, inter-state contracts and /or  international contracts. We trust our readers will find this useful. When is stamp duty to be paid? Under the laws of India[1],... Continue Reading →

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