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Author: MyLawyer

Best and Experienced Lawyers online in India > Articles posted by MyLawyer (Page 42)

Multi-Level Marketing (MLM) in India: Legality Check

Multi-Level Marketing (MLM) is a business model which has remained in a grey area and is yet to see a legislation or a law enacted clearing the air on the legitimacy of the Multi-Level Marketing (MLM) business and industry as a whole. Having said that, on Sept. 9, 2016 an office memorandum for advisory to all the State Government and Union Territories on “Model Guidelines on Direct Marketing” was issued by the Ministry of Consumer Affairs, Food and Public Distribution Department of Consumer Affairs under the Government of India. The same can be termed as a first step taken forward...

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Execution of Documents for the Transfer of Property in India by a Non Resident Indians (NRI)

The laws relating to sale and transfer of property i.e. immovable property or the real estate are very clear, however, the Non Resident Indians (NRI) who are not residing in India and are staying abroad find it difficult to understand the Property Laws or the Real Estate Laws of India and execute necessary documents with respect to the sale and transfer of their property which includes a fractional transfer of share. Transfer of Property as Gift or by Relinquishment way of Love & Affection which generally happens between the legal heirs including the agnates and cognates:The transfer of property under this...

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Legal Steps for the Eviction of Tenant by a Non Resident Indians (NRI)

The laws relating to the Rent & Tenancy varies from State to State and every State in India has their own laws with respect to Rental & Tenancy of properties.Five Step guide for the Eviction of Rowdy & Unruly Tenants which can be undertaken by the Non Resident Indians (NRIs) in order to get their properties vacated in India are: Step-1: Sending Legal Notice to the Tenant for the Eviction of the Property- The landlord i.e. the Non Resident Indian (NRI) can send a legal notice to the Tenant whereby he can demand the vacation of the tenanted premises and...

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Justifiable Reasons for the Eviction of Tenant by a Non Resident Indians (NRI)

According to the Indian Rent laws, the rights of a landlord in India permit the landlords to evict their tenants provided there is a legitimate and justified reason for such an action. Many Indian states have declared the lawful basis of eviction for tenants in India. Furthermore, the laws relating to the Rent & Tenancy varies from State to State and every State in India has their own laws with respect to Rental & Tenancy of properties. It is often easy to find a tenant in India and this is one of the most convenient ways for the Non...

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Non Resident Indians (NRI) & Partition of their Ancestral Property in India

A Non Resident Indians (NRI) who have left India and/or are either staying abroad or have obtained the citizenship of a foreign country have their immovable properties and/or real estate in India and the same can be in the form of ancestral property which a person inherits. “Partition” is a process by which ownership of property among the family members is managed. When there is/are more than one owner of a property, it is known as “joint property”. Joint ownership in the property creates many problems to the owners of the property and for the Non Resident Indians (NRI) it...

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Case Study: Legal Importance & Sanctity of an Arbitration & Jurisdiction Clause in an Agreement/Contract

The professional team of Advocates & Lawyers of My Lawyers Advice are taking up an initiative solely to educate and enlighten the public at large with respect to the various aspects of different laws and/or legislations vis a vis their legal implications and importance while duly considering the legal procedures involved. The professional Advocates & Lawyers are sharing their experiences solely for the purpose of spreading legal education. The name of the actual entity and/or person is hidden and shall be hereinafter mentioned and referred to as “Querist”. A Querist, who has his showroom of cycles in New Delhi get the...

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Coronavirus Outbreak & Cross Border Transactions

The 2019 Novel Wuhan Coronavirus (Covid-19) has done two major things. One, it has caused panic and at the same infected many people, leading to the death of around 3,300 people. Two, it has had a major bearing on global business. Though there isn’t much data available just as yet, on how the Covid-19 has affected business globally, yet news reports mention that many companies in China and other countries where the Coronavirus has spread, are encouraging the employees to work from home, due to the high risk of human to human transmission. It is also suspected that the Shipping...

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Legal challenges & problems faced by a Non Resident Indian (NRI) while purchasing property in India

The Non Resident Indian (NRI) who are based in a foreign country and intend to purchase a property in India which is either commercial or residential property/real estate face lots of challenges and legal issues. The ‘enclosed’ nature of the real estate business in India, along with the lack of information, is often stated as a reason why Non Resident Indian (NRI) are often scared of investing in real estate in India. There is a huge scarcity and/or lack of trusted and diligent real estate listing websites and platforms also pose a major challenge and thus, the Non Resident...

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Case Study: Legal Importance & Sanctity of a Force Majeure Clause in an Agreement/Contract

The professional team of Advocates & Lawyers of My Lawyers Advice are taking up an initiative solely to educate and enlighten the public at large with respect to the various aspects of different laws and/or legislations vis a vis their legal implications and importance while duly considering the legal procedures involved. The professional Advocates & Lawyers are sharing their experiences solely for the purpose of spreading legal education. The name of the actual entity and/or person is hidden and shall be hereinafter mentioned and referred to as “Querist”. A Querist, who is an Importer of electronics and mobile accessories and has...

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Case Study: Legal Importance & Sanctity of Shareholders Agreement (SHA)

The professional team of Advocates & Lawyers of My Lawyers Advice are taking up an initiative solely to educate and enlighten the public at large with respect to the various aspects of different laws and/or legislations vis a vis their legal implications and importance while duly considering the legal procedures involved. The professional Advocates & Lawyers are sharing their experiences solely for the purpose of spreading legal education. The name of the actual entity and/or person is hidden and shall be hereinafter mentioned and referred to as “Querist”. A Querist, who happens to be Shareholder and a Director in a Private...

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