Table Of Content Gifting is the act of presenting property to loved ones as a token of appreciation. According to Indian law, you are free to give your property to anybody you like. When giving a gift, the giver gives the “donee” ownership of a piece of property without expecting anything in return. However, it is possible for someone to …
Table Of Content Section 2(31) of the Income-tax Act, 1961 henceforth referred to as “the Act” treats the Hindu Undivided Family (HUF) as a ” single person.” For the purposes of assessment under the Act, HUF is a distinct entity. A Hindu underworld family (HUF) is made up of all the individuals who are directly descended from a common ancestor, …
Table Of Content When a company defaults on its compensation obligations, it can put employees in a difficult financial situation. Sending a Legal notice to the business to assert your rights and request recovery of the unpaid sum becomes a feasible alternative in such circumstances. There are many scenarios where the employer is not paying salary to their employee. Workers …
Table Of Content From the name itself, we can get an idea about this Agreement. So a Bank locker Agreement Is an agreement which is signed between the bank and the Customer holding a bank account in that particular bank. This Agreement is also called the ‘Safe Deposit Locker Agreement’. If the Customer wants to avail of this Bank Locker …
Table Of Content There are rules and regulations that every company abides by and works accordingly. The employees have to also work by abiding by those rules.It keeps a work and environment balance in the companies. When an employee wants to join an organization he/she has to go through a screening and interviewing rounds for that. After getting selected that …
Table Of Content Due to the recent need for an Aadhaar to be linked to a PAN and the fact that it is almost universally used, an Aadhaar has become a crucial form of identity verification for citizens of India. Only citizens are given this 12-digit unique number by the Unique Identification Authority of India (UIDAI). Name Changes can be …
Table Of Content In India, the Consumer Court serves a specific role. It handles complaints, disagreements, and issues pertaining to Consumers in the main. Hearings are held by the court to decide these disagreements. Upon filing a case, customers’ main goal is to show the court that they have proof of exploitation, in the form of bills or purchase notes. …
Table Of Content One of the most important legislative frameworks in India for safeguarding tenant rights is rent control legislation. Nonetheless, landlords frequently contest these rules, resulting in the development of a convoluted judicial system that serves their interests. Tenants must therefore be aware of their legal rights in order to prevent any disagreements from developing between them and their …
Table Of Content Individuals come into an agreement to maintain discipline between themselves and the party they are coming into contract with. Through the contract both the parties pledged not to disclose the terms and conditions to other parties in the case of a Non-disclosure agreement and in a normal agreement they expect the other party would not breach the …
Table Of Content Name Correction affidavit is a formal document in which an individual provides a sworn declaration or statement concerning his true name, combined with an erroneous name in that document. This affidavit was created with the intention of disclosing the inaccurate name and rectifying it before presenting it to the relevant authorities. What if there is some spelling …
