Lease or Agreement to Lease? A Case Analysis of Deepak Fertilizers v. Chief Controlling Revenue Authority
Deepak Fertilizers and Petrochemicals Corporation Ltd. v. Chief Controlling Revenue Authority & Ors., Writ Petition No. 5635 of 2005, decided on 18 December 2025 by Justice Abhay Ahuja. (Verdictum) Background and Facts The dispute arose from an agreement executed on 13 October 1995 between Deepak Fertilizers and CIDCO under a scheme through which CIDCO allotted developed residential plots to industries for construction of staff housing. The material facts were: CIDCO announced a housing scheme for industries in Navi Mumbai. Deepak Fertilizers applied for a plot for construction of residential accommodation for its employees. CIDCO allotted a plot and the parties executed an Agreement dated 13 October 1995. The agreement contemplated that: the company would satisfy several conditions; construction had to be completed within stipulated time; only after compliance would a formal lease deed be executed. Possession given to the company was only for limited purposes connected with development and construction under the agreement. The Collector of Stamps held that the agreement itself amounted to a lease and demanded ad valorem stamp duty as applicable to leases. The Chief Controlling Revenue Authority dismissed the company’s appeal. Deepak Fertilizers challenged those orders before the Bombay High Court. (Verdictum) Procedural History Authority Decision Collector of Stamps Held the agreement was a lease and liable to stamp duty as a lease Chief Controlling Revenue Authority Confirmed Collector’s order Bombay High Court Allowed the writ petition and set aside both orders Legal Issue The central legal issue was: Whether the Agreement dated 13 October 1995 created a present lease (demise) attracting stamp duty as a “Lease” under the Maharashtra Stamp Act, or whether it was merely an executory agreement to grant a lease in future. In simple words: Did the document itself create leasehold rights? or Was it only a promise that a lease would be executed later after conditions were fulfilled? Petitioner’s Arguments Deepak Fertilizers argued that: the document repeatedly described itself as an Agreement; it did not transfer any present interest in land; no leasehold estate came into existence immediately; execution of a future lease deed was expressly contemplated; possession was limited and conditional; therefore the agreement could not be stamped as a lease. The company relied upon earlier Bombay High Court decisions distinguishing between: agreement to lease actual lease Respondents’ Arguments The Revenue and CIDCO contended that: possession had already been handed over; the company had substantial rights over the property; practical enjoyment had commenced; therefore the agreement should be treated as a lease for stamp purposes. Core Legal Question Considered by the Court The Court examined a classical property law distinction: Does the document itself create a present demise? If yes → it is a lease. If no → it is merely an agreement to lease. This distinction has existed in Indian property law for decades. Court’s Reasoning Justice Abhay Ahuja analysed the document clause-by-clause. The Court emphasized that the substance of the document—not merely possession or nomenclature—determines its legal character. (Verdictum) No Present Transfer of Interest The Court observed that: ownership remained with CIDCO; no present leasehold estate was transferred; the agreement only created contractual obligations. This is the most important […]
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Maharashtra Co-operative Societies (Amendment) Act, 2026 – Key Amendments Explained Q and A
Description: Learn about the Maharashtra Co-operative Societies (Amendment) Act, 2026, including changes to Sections 73AAA, 73B, 73C, 73CB, 73F, 81 and 157, their legal implications, and what co-operative societies need to do to comply. Maharashtra Co-operative Societies (Amendment) Act, 2026: What Every Co-operative Society Should Know The Maharashtra Co-operative Societies (Amendment) Act, 2026 has introduced several important changes to the Maharashtra Co-operative Societies Act, 1960. Although the amendments are limited to a few provisions, they significantly impact the governance, election process, committee administration, and regulatory compliance of co-operative societies across Maharashtra. The amendments primarily strengthen the role of the State Co-operative Election Authority (SCEA), streamline the procedure for filling committee vacancies, update audit thresholds, and improve transparency in the management of co-operative societies. Whether you are a committee member, housing society office bearer, director of a credit society, auditor, advocate, chartered accountant, or consultant, understanding these amendments is essential for ensuring statutory compliance. Why Was the Amendment Necessary? The co-operative sector in Maharashtra is one of the largest in India, comprising housing societies, credit societies, consumer societies, agricultural societies, industrial co-operatives, and numerous other institutions. Over the years, practical issues emerged relating to: delays in filling committee vacancies; disputes concerning multiple-seat elections; lack of uniform supervision during committee proceedings; ambiguity regarding election authorities; and outdated financial thresholds. The Amendment Act addresses these concerns by introducing clearer procedures and strengthening institutional oversight. Key Amendments Introduced by the 2026 Amendment Act Amendment to Section 73AAA – Exemption for Type “A” Societies The first proviso to Section 73AAA(3) has been deleted. Further, the second proviso has been amended to exclude committees of Type “A” Societies prescribed under Rule 4 of the Maharashtra Co-operative Societies (Election to Committee) Rules, 2014. Practical Impact The amendment differentiates Type “A” societies from other classes of co-operative societies for the purpose of this provision. Societies falling within this category should carefully examine whether the amended provision applies to them before initiating committee-related actions. Amendments to Sections 73B and 73C – Greater Election Supervision Sections 73B and 73C deal with representation of reserved categories on the managing committee. The Amendment Act now provides that whenever vacancies are filled under these provisions, the committee meeting must be presided over by an officer authorized by the State Co-operative Election Authority (SCEA). Why This Matters Earlier, committee meetings were conducted internally, which occasionally resulted in procedural disputes. Independent supervision by an authorized election officer is expected to: improve transparency; reduce allegations of bias; ensure procedural compliance; and increase confidence in the election process. Amendment to Section 73CB – Clarification of Election Authorities Section 73CB contains provisions relating to election administration. The Explanation has now been amended by specifically referring to: Divisional Co-operative Election Officers; District Co-operative Election Officers; Taluka Co-operative Election Officers; Ward Co-operative Election Officers; Observers; and Zonal Officers. Importance The amendment removes ambiguity by expressly identifying the authorities responsible for election-related functions. This provides greater administrative certainty during election proceedings. Complete Substitution of Section 73F – Election to Multiple Committee Seats One of the most significant amendments is the complete substitution of Section 73F. Earlier Position The earlier provision did […]
Read moreTransfers Beyond Statutory Ceiling Limits: Supreme Court Explains the Scope of Section 154 Violations
Supreme Court Clarifies the Nature of Transfers Violating Section 154 of the U.P. Zamindari Abolition and Land Reforms Act: In Arafat Ali (Dead) Through LRs & Ors. v. Deputy Director of Consolidation, Haridwar & Ors. Introduction In a significant judgment delivered on 23 June 2026, the Supreme Court of India in Arafat Ali (Dead) Through Legal Representatives & Others v. Deputy Director of Consolidation, Haridwar & Others settled an important question concerning agricultural land transfers under the Uttar Pradesh Zamindari Abolition and Land Reforms Act, 1950 (“UPZA&LR Act”). The Court examined whether a transfer executed in violation of Section 154 of the Act is void from its inception or merely voidable through appropriate legal proceedings. The ruling provides much-needed clarity for landowners, purchasers, revenue authorities, and practitioners dealing with consolidation and agricultural land disputes in Uttar Pradesh. FACTS OF THE CASE The dispute arose during consolidation proceedings relating to agricultural land transfers allegedly made in contravention of Section 154 of the UPZA&LR Act. The provision restricts acquisition and transfer of agricultural land beyond prescribed statutory limits to prevent excessive concentration of landholdings. The central issue before the Court was whether such transfers automatically become legally non-existent (void ab initio) or continue to have legal effect unless and until challenged before a competent authority. LEGAL ISSUES INVOLVED The Supreme Court was called upon to determine: Whether a transfer of agricultural land made in violation of Section 154 of the UPZA&LR Act is void ab initio or merely voidable under the statutory framework. The answer to this question carries substantial consequences for land titles, mutation entries, consolidation proceedings, and rights of subsequent purchasers. SUPREME COURT’S FINDINGS The Supreme Court held that a transfer made in contravention of Section 154 is not void ab initio. Instead, such a transfer is voidable and remains effective unless it is challenged and set aside through legally prescribed procedures. THE COURT EMPHASIZED THE FOLLOWING PRINCIPLES: Violation of Section 154 Does Not Automatically Nullify the Transfer A transaction executed in breach of the statutory restriction does not cease to exist in the eyes of law merely because the provision has been violated. The transfer continues to operate unless competent proceedings are initiated to invalidate it. Distinction Between Void and Voidable Transactions The judgment reiterates the well-established legal distinction: Void Transaction: A transaction having no legal existence from the very beginning. Voidable Transaction: A transaction that remains valid and enforceable until annulled by a competent authority or court. By classifying transfers violating Section 154 as voidable, the Court protected the principle of legal certainty in property transactions. Applicability of Law Existing on the Date of Transfer The Court observed that the validity of a transfer must ordinarily be assessed with reference to the legal position prevailing on the date of execution of the sale deed or transfer instrument. Appropriate Statutory Remedies Must Be Invoked The Court clarified that challenges to such transfers must be pursued through the mechanisms contemplated under the statute, including proceedings that may be initiated by competent authorities or the Gaon Sabha where applicable. SIGNIFICANCE OF THE JUDGMENT […]
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ASSIGNMENT OF LEASEHOLD RIGHTS UNDER GST: ANALYSIS OF LUNA CHEMICAL INDUSTRIES PVT. LTD. V. UNION OF INDIA (GUJARAT HIGH COURT)
Introduction The Gujarat High Court’s decision in Luna Chemical Industries Pvt. Ltd. v. Union of India has added another significant chapter to the ongoing debate concerning the GST implications of transfers of leasehold rights in industrial plots. The judgment reaffirms the principle that a transfer of leasehold rights by an existing lessee is fundamentally different from the original grant of lease by a statutory authority and cannot automatically be subjected to GST as a supply of service. The ruling is particularly relevant for industries operating in Gujarat Industrial Development Corporation (GIDC) estates and for taxpayers involved in the transfer of long-term leasehold interests in industrial land. Background of the Dispute Luna Chemical Industries Pvt. Ltd. held leasehold rights in an industrial plot allotted through the GIDC framework. Subsequently, the company assigned its leasehold rights to another entity after obtaining the requisite approvals from GIDC. The GST authorities initiated proceedings under Section 74 of the Central Goods and Services Tax Act, 2017, alleging that the assignment of leasehold rights constituted a taxable supply of services and consequently raised a demand for GST. The petitioner challenged the demand before the Gujarat High Court. CORE LEGAL ISSUE The principal question before the Court was: Whether the assignment of leasehold rights in an industrial plot by a lessee to a third party constitutes a taxable supply of services under the GST regime. The answer depended upon the characterization of the transaction. If the transaction represented a supply of service, GST would be leviable. Conversely, if it constituted a transfer of an interest in immovable property, it would fall outside the scope of taxable supplies. RATIO DECIDENDI The Court held that the transfer of leasehold rights by an existing lessee is legally distinct from the original lease granted by GIDC. The ratio of the decision may be summarized as follows: The assignment of long-term leasehold rights by a lessee results in the transfer of an existing interest in immovable property and does not amount to a taxable supply of services merely because the original allotment was made through a lease arrangement. Consequently, GST cannot be imposed on such assignment solely by treating it as a continuation of the original leasing transaction. Distinction between Lease and Assignment A key aspect of the judgment is the Court’s recognition of the legal distinction between: Original Lease by GIDC GIDC grants the right to use and enjoy immovable property while retaining ownership. Such a transaction may be characterized as a supply of service under GST. Subsequent Assignment by the Lessee The lessee transfers its existing leasehold interest to another person. The assignor divests itself of the rights held in the property. The transaction involves transfer of an interest in immovable property rather than provision of a service. The Court emphasized that these are two separate legal transactions and cannot be treated identically for GST purposes. Reliance on Earlier Precedent The judgment follows the Gujarat High Court’s earlier ruling in Gujarat Chamber of Commerce & Industry v. Union of India, where the Court had examined the GST treatment of leasehold interests in industrial plots. By relying on the principles laid […]
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“RERA in India: Repeal or Reform?
SHOULD RERA BE REPEALED? Why we are discussing this topic? The Supreme Court in THE STATE OF HIMACHAL PRADESH vs. NARESH SHARMA| SLP(C) No. 005835 – / 2026 CJI Surya Kant said It is high time that all the states should revisit and rethink constituting this authority,” The CJI further remarked that the RERA was not doing any other services except to facilitate builders in default. Let’s study pros and Cons. RERA is useful and effective: The Real Estate (Regulation and Development) Act, 2016 (RERA) brings accountability, transparency, and efficiency to the Indian real estate sector, primarily protecting homebuyers. Key benefits include mandatory project registration, standardized carpet area definitions, 70% of funds kept in an escrow account to prevent diversion, guaranteed timely delivery, and a 5-year defect liability period. Major Positive Points of RERA: Transparency and Disclosure: Promoters must disclose project plans, layout, land title status, and timeline on the RERA website, giving buyers access to verified information. Protection of Funds: Developers are required to deposit 70% of all project funds into a dedicated bank account, ensuring money is only used for that specific project, reducing insolvency risk. Standardized Carpet Area: RERA eliminates confusion by defining “carpet area” clearly, ensuring buyers pay only for the actual usable space, not for common areas or super built-up areas. Builders were selling units/galas/flats even on Super Built Up basis. Timely Delivery and Penalties: Projects must be completed on time. If a developer delays possession, they are liable to pay interest on the amount paid by the buyer, matching the interest rate for buyer default. Defect Liability Period: Builders are responsible for rectifying any structural defects or quality issues reported within 5 years of possession at no extra cost. Reduced Fraud and Misleading Ads: All advertising must adhere to the registered project details. False promises or misleading marketing can lead to penalties. Redressal Mechanism: RERA authorities provide a fast-track, organized, and legal mechanism for settling disputes between buyers, developers, and agents. Consent for Changes: Developers cannot change plans or structure without the consent of two-thirds of the homebuyers. Concluding Notes: RERA has significantly improved buyer confidence, increased project efficiency, and bYes—**before the introduction of RERA in India**, this kind of malpractice was unfortunately quite common in the real estate sector. ROLE OF REAL ESTATE REGULATORY AUTHORITY (INDIA) Before RERA came into force (around 2016–2017), there was no strong centralized regulator, which allowed many builders to exploit buyers. What Used to Happen Before RERA Blank or Incomplete Agreements Builders often made buyers sign blank or partially filled agreements Later, terms were changed without the buyer’s consent. Buyers had little legal protection. Multiple Sales of the Same Flat. Blank document was signed and genuine buyer in possession was not aware of the same. Some builders sold **one flat to 5–10 people** using: Duplicate allotment letters Fake agreements Backdated documents Especially common when buyers paid in cash or instalments. Mix of Investors and Loan Buyers: Builder was taking loans from investors in cash against blank agreement. Such funds were cash. Investors were given early “soft bookings” without registration. Genuine buyers took bank loans […]
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India’s Emerging AI Hub
Vizag: India’s Emerging Metro City of Opportunity Narendra Modi, the Prime Minister of India, recently inaugurated the world’s largest AI Impact Summit, attended by global leaders in artificial intelligence and advanced technologies. The summit highlighted India’s growing leadership in AI, semiconductors, and high-performance computing. Among India’s rising technology hubs, Visakhapatnam (Vizag) is rapidly transforming into a global center for artificial intelligence and data infrastructure. 🌐 Vizag’s Transformation into a Global Data City Located in Andhra Pradesh, Vizag is emerging as one of the world’s largest AI data center hubs, driven by an estimated $15 billion investment from Google and other major industry leaders. This ambitious “Data City” initiative aims to build more than 2.5 GW+ of digital infrastructure capacity, positioning Vizag as a cornerstone of India’s digital economy. 🔹 Key Partners and Investments Google Developing its largest AI data center outside the United States in Vizag. AdaniConnex A joint venture between Adani Enterprises and EdgeConneX, focused on creating a 1GW+ AI-driven data center ecosystem. Reliance–BrookfieldPlatform A collaboration between Reliance Industries and Brookfield Asset Management, contributing to large-scale infrastructure development. 📍 Location and Scope Project Area: Madhurawada–Kapuluppada corridor Land Area: ~500 acres Purpose: Dedicated technology and data center cluster This region is being developed as a future-ready digital and innovation zone. ⚡ Capacity, Timeline, and Vision Target Capacity: 2.5 GW+ Implementation Period: 2026–2030 Goal: Establish Vizag as a leading global AI and cloud computing hub The initiative will significantly strengthen India’s digital sovereignty and computing capabilities. 🌱 Advanced Features Integration of renewable and green energy systems Subsea cable landing stations for global connectivity High-performance AI and machine learning infrastructure Smart grid and cooling technologies These features ensure sustainability and global competitiveness. 👩💼 Economic and Employment Impact Creation of thousands of direct and indirect jobs Growth in IT services, construction, logistics, and support industries Boost to local entrepreneurship and skill development Increased foreign direct investment Vizag is set to become a major employment and innovation hub for the region. 🌍 Global Competitiveness With these developments, Vizag is positioning itself to compete with established global data center clusters such as Northern Virginia, one of the world’s largest digital infrastructure hubs. 🚀 Conclusion The Vizag Data City initiative represents a landmark step in India’s journey toward technological leadership. Backed by global corporations, strong government support, and sustainable infrastructure, Visakhapatnam is poised to become: Shruti Desai 17th February 2026
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CAN A HOUSING SOCIETY SELL TDR TO A PRIVATE MEMBER OF THE SOCIETY UNDER DOCUMENT OF MEMORANDUM OF UNDERSTANDING AND RESOLUTIONS?
JURISDICTION OF CO-OPERATIVE COURT AND BINDING NATURE OF SOCIETY RESOLUTIONS Let us first see what is TDR? Transferring Development Rights (TDR) by a housing society involves the society, as a landowner, generating extra buildable area (TDR) by surrendering land for public use (like roads, parks) to the municipality, receiving a TDR certificate (or Development Right Certificate – DRC), and then selling these rights to a developer or another party to build more than standard Floor Space Index (FSI) allows, benefiting both the society (compensation for land) and the buyer (extra construction rights). This process helps fund infrastructure projects and allows societies to get value for reserved plots, making TDR a crucial tool in urban development, especially in places like Mumbai. How it Works for a Society: Land Surrender: The housing society owns land, often designated for public amenities (e.g., a playground, road widening) by the city. TDR Generation: Instead of cash compensation, the Municipal Corporation (like MCGM in Mumbai) issues a TDR certificate (DRC) to the society, representing the Floor Space Index (FSI) potential of the surrendered land. Selling the Rights: The society can then sell this certificate to a builder or another property owner. Utilisation: The buyer uses the TDR to construct additional built-up area on their own plot, exceeding the normal FSI limits, often in a designated “receiving zone”. Benefits of TDR for Societies Financial Compensation: Provides funds for the society (often through developers) without the government paying cash, allowing land acquisition for public projects. Development Incentive: Encourages development and helps resolve land reservations, as owners get value for undevelopable land. Legal Avenue: Offers a way for societies and trusts to utilize or sell their development potential POINT OF CAUTION: A Housing Society cannot legally sell Transferable Development Rights (TDR) to a private member using only a Memorandum of Understanding (MoU) and Resolutions. TDR transactions must follow a formal, regulated process involving proper documentation and approval from the competent authorities to be legally valid. Legal Requirements for TDR Transfer : TDR is a formal legal instrument: TDR is an official development right issued by a municipal authority as a Development Right Certificate (DRC). This certificate is a tradeable commodity, similar to a stock, in a formal market. Formal Agreements are Required: Any transaction involving the sale or transfer of TDR requires a registered agreement, such as a formal TDR Sale Agreement, not just an MoU or simple resolutions. The agreement must be registered under the Registration Act, 1908. Statutory Compliance and Oversight: The transaction must comply with the relevant state laws, such as the Maharashtra Regional and Town Planning (MRTP) Act, 1966, and local Development Control Regulations (DCRs). Regulatory Approvals: The transfer must be registered with the Sub-Registrar and updated on the relevant municipal or urban local body’s (ULB) online TDR portal (if available). Authorities track the chain of ownership and usage of TDRs to prevent misuse and ensure transparency. Transparency and Fair Value: Transactions by a housing society, especially those involving a private member, are subject to scrutiny to ensure the society receives fair market value and to prevent irregularities or fraud. Risks of Using Only […]
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UNTRACEABLE MEMBERS AND PROPERTY RIGHTS IN COOPERATIVE HOUSING SOCIETIES: PROCEDURES AND PRECEDENTS
In the model bye-laws of a cooperative housing society (such as those in Maharashtra), a member is deemed to have ceased membership if their whereabouts are unknown for a continuous period of seven years and their shares and interest in the property are unclaimed by anyone else. This cessation allows the society to take further action regarding the property. Procedures and Provisions While specific actions for handling the property itself require legal procedures beyond just the society’s internal rules, the bye-laws provide a framework for managing the situation and ultimately dealing with the ownership: Cessation of Membership: Bye-law No. 55(f) (in the Maharashtra Model Bye-laws) explicitly states that a person shall cease to be a member if their whereabouts are not known for seven continuous years and no claim is made on their interest in the property. However, the associate member shall not cease to be Associate Member when the First Member ceases to be the member of the society if Associate Member holds title and interest in the property jointly with the member. The Committee shall take further action in the matter as indicated in the Bye-law No. 62. Vesting of Shares/Interest: If, after a member’s death or disappearance, there is no claimant (nominee, heir, or legal representative), their shares and interest in the capital/property of the society will vest in the society itself. Nominations and Legal Heirs: The bye-laws heavily emphasize the importance of nomination (Bye-law No. 32-34). If an owner is untraceable and has no nominee, the committee would typically ask for a legal representative or heir to come forward. Payment of Dues: The untraceable owner’s account would likely accumulate unpaid maintenance charges and other dues, incurring interest (up to 21% per annum in some model bye-laws). These liabilities must typically be cleared before any transfer of interest can occur. Formal Communication: The society uses formal communication methods, such as registered post to the last known address or displaying notices on the society’s notice board, which are considered valid service of notice even if the member is untraceable. The society must maintain records of all sent notices as proof. Committee Action: The managing committee has the power to manage the society’s affairs (Bye-law No. 111), which includes dealing with non-compliance and cessation of membership. They are responsible for initiating the process of addressing the untraceable owner’s status. Registrar and Courts: The final authority in serious disputes or complex situations, such as an untraceable owner with no clear legal path forward, ultimately lies with the Registrar of Cooperative Societies or a Cooperative Court. The society would likely need to approach these legal bodies for formal orders to take control of or dispose of the property. DISCUSSION: A is member and have signed Conveyance. A is not traceable for more than 40 years. Taking advantage of situation widow of promoter applies for membership. It was rejected. During course of arguments she sell the flat. After two decades the flat goes for redevelopment. The purchaser of the flat sells flat to the third party. Society refuses all a membership, In a recent ruling of Supreme Court of India K, Gopi […]
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CRITICAL ROLE OF TITLE CLEARANCE IN REDEVELOPMENT
In a redevelopment project, it is highly recommended to verify and clear the property’s title first before formally deciding on and appointing a builder. While a builder can be tentatively selected (e.g., via a Letter of Intent or a resolution in a Special General Body Meeting), formalizing the development agreement and starting the actual project activities (like demolition or construction) without a clear and marketable title creates significant legal and financial risks. Why Title Clearance is Crucial First Legal Requirement: For a builder to obtain necessary municipal approvals and a Commencement Certificate (CC) to begin construction, the society must generally have a clear and marketable title to the land. This is often achieved through a registered conveyance deed or “deemed conveyance”. Risk Mitigation: Unclear land titles are a common source of delays and litigation in redevelopment projects. Title disputes can halt the project indefinitely, leaving both the builder and the society members in a precarious situation (e.g., displaced and without their new homes). Financial Safeguard: A clear title ensures the project is legally sound and makes it easier for the builder to secure project financing and for future buyers in the free-sale component to get home loans. This financial stability is a key factor in a project’s success. Transparency and Trust: Conducting thorough legal due diligence, including title verification, at an early stage demonstrates transparency and helps build trust between the society members and the chosen developer. Recommended Order of Operations (General Steps) Initial Decisions & Structural Audit: The society discusses redevelopment and conducts a structural audit to determine feasibility. Appoint Professionals: An architect/Project Management Consultant (PMC) and a legal advisor are appointed to guide the process. Title Verification/Conveyance: The society’s legal team conducts comprehensive title verification and works to obtain a clear conveyance deed or deemed conveyance for the property. Builder Selection: Once the title is confirmed, a transparent tendering process is used to select a reputable builder with a proven track record, financial stability, and relevant experience. Formal Agreements: A detailed Development Agreement (DA) and individual Permanent Alternate Accommodation Agreements (PAAA) are meticulously drafted, vetted by legal experts, and registered. Project Commencement: The builder then seeks the required approvals (IOD, CC, etc.) and begins construction. Prioritizing title clearance helps safeguard the interests of all stakeholders and ensures a smoother, legally compliant redevelopment process. HOW FAR A CERTIFICATE OF TITLE BY A SOLICITOR/ ADVOCATE IS SIGNIFICANT? In Ramniklal Tulsidas Kotak And Others vs Varsha Builders And Others on 26 August, 1991 Equivalent citations: AIR1992BOM62, AIR 1992 BOMBAY 62, (1993) MAH LJ 323, (1992) 2 BANKCAS 441, (1992) 2 BOM CR 492 “(1) A Certificate of Title need not necessarily be unconditional or unqualified. It can be qualified to the limited extent of the implied statutory exception contained in Section 3(2)(b) of the Maharashtra Ownerships Flats Act, 1963, as interpreted above. The Format of the Certificate of Title prescribed by the rules is mandatory, subject only to a limited scope for adaptability as explained in the judgment. A qualified certificate of title must furnish all relevant information as set out in paragraph 19 of this judgment. (2) The Promoter must […]
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Understanding Bill No 193: Reforming Inheritance Laws in India
Government of India has proposed to delete Sec 213 from Indian Succession Act 1925. It was learnet that Probate is optional for all others except Hindus,Jain,Sikh and Baudh. To have parity under Constitution it was proposed in 2008 by 209th Law Commission to delete the said provision. Present Government is now implementing the same. For details and consequences read the blog
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