UNLOCKING -L.i.P

UNLOCKING -L.i.P “LOCK – IN PERIOD” ( LiP ) is an expression often used by those dealings in Property It’s not part of a statue. The rental values of properties are high and so are the stakes, especially in commercial properties. So, what does it mean and what right does it secure ? Where does […]

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UNSTAMPED

NO STAMP – NO AGREEMENT 1.A recent pronouncement of Supreme Court of India, (N.N. Global vs Indo Unique) has led to a strange situation.  An agreement or any instrument for that matter, which attracts stamp duty under Indian Stamp Act, and which is not stamped or insufficiently stamped, cannot be acted upon, unless following impounding

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