INTRODUCTION Assets that have been put in a fiduciary relationship between a trustor and trustee for a specific beneficiary are referred to as trust property. Any kind of asset, including money, stocks, real estate, and life insurance, can be considered trust property. The terms “trust assets” and “trust corpus” are also used to describe trust…
Generally when we talk about the property of a women, we don’t have much clarity but we all know about the property of a man (husband) and how it will be distributed if he dies. In this article, we will get to know that who has the right over a women’s property if she dies…
SECTION 102 OF CODE OF CRIMINAL PROCEDURE, 1973 The police have the authority to seize any property they suspect of being stolen or that has been discovered in suspicious circumstances under Section 102 CrPC. Police officers have the right to seize specific property under Section 102. The property seized under subsection (1) may be immediately…
Attempt basically means preparation to achieve something. But in crime, it is an effort to do an act, which goes in vain. Attempt has no particular definition in the Indian Penal Code, but section 511, of the Indian Penal Code, deals with the punishment for attempting to commit offence. The attempt is basically a criminal…
A succession certificate comes into play when a person dies intestate (without a will), and their assets are distributed to their lawful heirs after the court has confirmed ownership legitimacy. The term ‘Dying intestate’ refers to a circumstance in which a deceased individual has not left a will or has left one for an invalid reason.…
Instigation basically means suggesting, encouraging or inciting a person to do or abstain from doing something. Instigation may take place either directly or indirectly, by written or oral words, or even by gestures and hints. The instigation must be sufficient to actively encourage a person to commit an offence. It should not be mere advice or…
INTRODUTION To start with this article we will first know the meaning of an executor and its legal definition.An executor is a person who manages the distribution of a decendent’s assets in line with the instructions of the decendant’s testator as stated in the will.In section2(c) of Indian Succession Act,1925 an “executor” means the person…
IntroductionAll real estate transactions in India are governed by various laws enacted by the Central Government of India and the respective State governments. The rental law is one such example. These laws govern the rental of commercial and residential property and are required to enforce the individual civil rights of both proprietor and tenant and…
INTRODUTION To start with this article we will first know the meaning of an executor and its legal definition.An executor is a person who manages the distribution of a decendent’s assets in line with the instructions of the decendant’s testator as stated in the will.In section2(c) of Indian Succession Act,1925 an “executor” means the person…
What is an Onerous Gift? Section 127 of The Transfer of Property Act, 1882 specifies that- “Where a gift is in the form of a single transfer to the same person of several things of which one is, and the others are not burdened by an obligation, the donee can take nothing by the gift…
