Making a Will – 6 . Contd…
Can I tranfer my share in ‘HUF’ properties while I am alive, or to give it away in my will?
Making a Will – 5 . Contd…
My property includes my share in the property or asset that I own with others. Generally, I am free to transfer my share while I am alive, or to give it away in my will. What is my share in inherited and purchased property, and in joint accounts and investments?
These are a series of posts about managing properties during a lifetime, so that administration is easy later. Readers will be able to decide whether to make a will, and if so, how to make it effectively.
This discussion is very plain and simple language is for a lay-person who has to decide whether, and how, he can make a will. It covers the fundamentals of managing properties, succession and will-making. It is based on Indian law.
Click here to read the first four posts.
You are welcome to attempt these Multiple Choice Questions on different aspects of Indian Contract Law.
Click here for the MCQs page.
I take example of a clause in a contract about liquidated damages to demonstrate how the many judgments interpreting section 74 of the Indian Contract Act have made this branch of law uncertain and unpredictable for contracting parties.
This is my speech at the inaugural session of a Seminar organised by the National School of India University, Bengaluru : “Strengthening Legal Provisions for the Enforcement of Contracts”.
Download corrected files of the Specific Relief Act 1963 as amended in 2018.
Download printer-friendly versions: Click here
The Specific Relief (Amendment) Act 2018 has been passed by both Houses of Parliament after a brief discussion, but without debate. Like many other laws passed for enhancing business capabilities, this Amendment likely to be yet another instance of ‘legislate in haste, amend at leisure’.
The amending Act, it has been stated in both Houses of Parliament, has an objective to prevent errant contractors from breaking their contracts and hampering infrastructure projects. The ultimate aim of the Act is to enhance the standing of India in the ‘ease of doing business’ ranking. The discussion in the Houses centred around infrastructure contracts only. The entire discussion in both Houses has overlooked the fact that the same amendment, and the Specific Relief Act as amended, is not restricted to business contracts, but applies to the common man and his personal contracts.
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the Specific Relief Act 1963 as amended in 2018
the Specific Relief Act 1963 as amended showing all changes.