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Court proceedings of any type should be avoided at all times. Well-defined contracts will greatly help landlords to convince tenants that they (the landlords) are likely to win the case in court. An eviction cases can last up to 10 or even 20 years.(Legislation) Local laws cover landlord and tenant agreements. Many local rent control laws such as the Maharashtra Rent Act 1999, Delhi Rent Act 1995, Tamil Nadu Buildings (Lease and Rent Control) Act 1960, strictly regulate rental agreements that are 12 months or longer in favor of tenants. If the monthly rent payable on a property exceeds Rs3,500 (US$76), the agreement is subject to the Transfer of Property Act (TPA), which assigns the landlord responsibilities including i) disclosure of information regarding material defects in the property and ii) uninterrupted occupation of the property for the agreed period (subject to periodic visits by the landlord for inspection).Know more
The Indian law of Arbitration and Conciliation act 1996, under section 61 provides the scope and application of conciliation (alternate dispute redressal). Interminable, time consuming, complex and expensive Court procedures have led parties to settle their disputes out of the court. It would be the right answer for people who want their disputes to be settled expeditiously and through an option which is cost effective and simple.However;it is non-binding in nature!Know more
The Indian Succession Act 1925 under Section 2(h) provides the statutory explanation of a will and its features. Will means the legal declaration of the intention of a person with respect to his property, which he desires to take effect after his death. It is a unilateral document and takes effect after the death of the person making it. It can be revoked or altered by the maker of it at any time he is competent to dispose of his property.Know more
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Visheshagya, Tax & Legal Services Redefined is a one stop e-commerce portal in the taxation, legal and accounting space. Visheshagya empowers clients by helping them search, connect, consult certified & verified CA/CS/CMA/Lawyers at a click. Clients can schedule appointments, seek advice through audio/video consultation and even pay conveniently through a secure payment gateway. Visheshagya offers multiple services at the convenience of both client & experts in the comfort of their office, home and even when one is on the go. Visheshagya’s USP of transparency and confidentiality is all set to digitize operations helping everyone manage their time & documents efficiently.
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Ms. Rashmmi Khetrapal – a dynamic and enterprising CA. She has 16 + years of experience in Accounting & Finance. She has held the esteemed post of the Chairperson of the Gurgaon Branch of the NIRC of the ICAI during 2009-10. She was also the first lady to be elected as NIRC member of ICAI in 2010-13. During her tenure as a NIRC member, she has held various prestigious positions like NICASA Chairperson, Chairperson for CA members in Industry, Chairperson for Branch Coordination Committee and Chairperson for VAT Committee etc. Her area of expertise lies in the field of assessment & appeal cases for VAT, Service & Income Tax for corporate & high net worth individuals.