PUBLIC INTEREST LITIGATION ON THE ENCROACHMENT AND ILLEGAL OCCUPATION BY MAFIA FILED AT HIGH COURT


A GROUP OF LAW ABIDING CITIZENS WHO WERE CONCERNED WITH THE ILLEGAL OCCUPATION AND ENCROACHMENT OF BDA, KHB, KIADB, GOMALA  AND GOVERNMENT PROPERTIES/LAND ACROSS THE STATE, HAVE FILED A PUBLIC INTEREST LITIGATION IN THE HIGH COURT OF KARNATAKA SEEKING A DIRECTION FROM THE COURT FOR THE RECOVERY AND PUNITIVE ACTION AGAINST THE OFFENDERS.  MANY HI-FI … Continue reading PUBLIC INTEREST LITIGATION ON THE ENCROACHMENT AND ILLEGAL OCCUPATION BY MAFIA FILED AT HIGH COURT

Money laundering by Multinational Banks – Allegations


A sting operation conducted by an online magazine Cobrapost across various branches of private banks has revealed how bank employees are accepting black money from customers to convert them into white money. Cobrapost Editor has insisted that leading private banks like HDFC Bank, ICICI Bank and Axis Bank are involved in this money laundering. The Cobrapost report said its … Continue reading Money laundering by Multinational Banks – Allegations

KATHA CERTIFICATE AND KATHA EXTRACT IN THE MUNICIPAL/REVENUE RECORDS


KATHA CERTIFICATE AND KATHA EXTRACT ARE SECONDARY DOCUMENTS SIGNIFYING THE EXISTANCE OF THE PROPERTY WITHIN THE JURISDICTION OF THE ISSUING AUTHORITY AND SOME DETAILS REGARDING THE PROPERTY STATED IN THE CERTIFICATE. THOUGH THE DOCUMENTS ARE VERY IMPORTANT, THE MOST SIGNIFICANT FACTOR, WHICH IS THE PIVOTAL POINT IN THESE DOCUMENTS IS THE DECLARATION/SUBMISSION/DOCUMENTS/DEEDS PRESENTED TO OBTAIN IT. IF … Continue reading KATHA CERTIFICATE AND KATHA EXTRACT IN THE MUNICIPAL/REVENUE RECORDS

GOVERNMENT LAND ILLEGAL OCCUPATION AND TAMPERED AND FABRICATED DOCUMENTS


THE LATEST SCAM IS NOTHING NEW.  THIS FORGERY, TAMPERING, FABRICATION AND FRAUD WAS/IS GOING ON AND THE A.T.RAMASWAMY COMMITTEE AND THE SPECIAL TASK FORCE UNDER THE STEWARDSHIP OF MR.BALASUBRAMANIAN., I.A.S.(RETD) HAS UNEARTHED MANY SUCH PROPERTIES WITH TAMPERED DOCUMENTS, WHICH HAD BEEN REGRANTED AND GIVEN POSSESSION UNDER 136 OF KLR ACT.  IT IS QUITE ALARMING THAT … Continue reading GOVERNMENT LAND ILLEGAL OCCUPATION AND TAMPERED AND FABRICATED DOCUMENTS

PROPERTY SCAM/FORGERY/FRAUD/CHEATING/TAMPERING OF DOCUMENTS/FABRICATION OF DOCUMENTS BY SENIOR GOVT OFFICIALS AT BANGALORE


ON A DIRECTION FROM THE LOKAYUKTA COURT, THE LOKAYUKTA POLICE CONDUCTED AN ENQUIRY, THE DETAILS OF WHICH IS SAID TO HAVE BEEN LEAKED OUT, RE ENQUIRED BY THE LOKAYUKTA, HAS DISCOVERED MAJOR LAPSE AND REGRANT OF 32 ACRES OF PRIME LAND IN SURVEY NO.62 OF MADAPPANAHALLI VILLAGE, YELAHANKA TALUK, HESSARGATTA HOBLI, BANGALORE NORTH TALUK AND … Continue reading PROPERTY SCAM/FORGERY/FRAUD/CHEATING/TAMPERING OF DOCUMENTS/FABRICATION OF DOCUMENTS BY SENIOR GOVT OFFICIALS AT BANGALORE

WHY SCRUTINY AND EXAMINATION OF PROPERTY DOCUMENTS AND VERIFICATION OF THE TITLES REQURIED?


It is advised to conduct a thorough scrutiny/examination of the property documents, licenses, approvals, katha and related clearances from an expert advocate, before entering into an agreement of sale. The Sale Agreement and The Sale Deed are very important documents, which must be drafted with utmost care and all relevant details regarding the acquisition of … Continue reading WHY SCRUTINY AND EXAMINATION OF PROPERTY DOCUMENTS AND VERIFICATION OF THE TITLES REQURIED?

PROPERTY VALUE ABOVE RS50 LAKHS ATTRACTS 1% TDS !!!!


TDS – Sale of all Immovable property above sale consideration value of Rs50 lakhs and above is now subject to TDS !!! The Finance Minister in Finance Bill 2013 has proposed withholding tax at 1% to be deducted by every buyer from any sum payable to the resident seller if the sale consideration for transfer … Continue reading PROPERTY VALUE ABOVE RS50 LAKHS ATTRACTS 1% TDS !!!!

Regularisation of unauthorised colonies in Delhi has been put on fast track


Chief Minister Mrs.Sheila Dikshit has chaired a meeting held at Delhi and the Delhi government has decided to fast track the regularisation of about 200 unauthorised colonies. The Cabinet is preparing to approve the regularisation of at least another 200 unauthorised colonies in the Capital — it will take the total number to 1,200 — … Continue reading Regularisation of unauthorised colonies in Delhi has been put on fast track

BUDGET – INTEREST BENEFIT FOR LOWER CATEGORY – TDS FOR HIGHER VALUE HOMES – SERVICE TAX ABATEMENT AT 70% FOR HIGH END APARTMENTS


First Home Buyer will get an additional benefit on Interest limit: There is an additional deduction available on interest repaid on a loan for a first time house purchase. The benefit has been increased by an additional Rs 1 lakh and this will be over and above the Rs 1.5 lakh limit already available,provided, if … Continue reading BUDGET – INTEREST BENEFIT FOR LOWER CATEGORY – TDS FOR HIGHER VALUE HOMES – SERVICE TAX ABATEMENT AT 70% FOR HIGH END APARTMENTS