Role of RERA in Regulating Property Developers and Safeguarding NRI Investments
Understanding RERA for NRIs India’s real estate market has long been an attractive investment destination for Non- resident Indians (NRIs). For many NRIs , purchasing property in India is not just a financial decision but also an emotional one –which is often tied to future plans of NRIs like : Returning home to India Securing […]
Denial of maintenance to the spouse under Indian Law: Conditions and Judicial Principles
Maintenance and alimony are essential components of matrimonial law in India, which are designed to ensure that a financially dependent spouse is not left destitute after separation or divorce. These provisions exist under statutes such as the Hindu Marriage Act, 1955, the Special Marriage Act, 1954 and Section 125 of the Code of Criminal Procedure, […]
Setting up Family trust for NRIs in India
Setting up Family trust for NRIs in India A family trust in India is a legal structure where a person transfers assets (like property, money or investments situated in India) into a trust and which is handled by a professional person who manages the assets of the person(settlor) for the benefit of the family members. […]