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BUSINESS LAW TAMIL BOOK

Wednesday, June 12, 2019


Revenue Standing Orders in IV Volumes (TAMIL) - RSO 1 to / வருவாய் நிலை ஆணைகள் - 4 தொகுதிகளில் - 1 முதல் ISBN No.: (TC- ). Book Name: Business Law, Tamil Nadu. Book sub-title: Sixth Revised Edn. Author/s name/s: Kapoor N.D. Company Law (நிறுவனச் சட்டம்) by ppti.infojan, M.L., P.G.D.A.D.R. Books. Company Law (நிறுவனச் சட்டம்) (Paperback, Tamil.


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Business Law In Tamil Book In Kathiresan - Reno book sales. Indian Tamils of Sri Lanka are Tamil people of Indian origin in Sri ppti.info are also known. Tamil books of law or the more correct, Classical Tamil phrase are didactic Tamil works aimed to promote discipline (ஒழுக்கம்) among people. They were. Legislative authority of the East India Company under the Charters of , . Books Recommended: The Law of Contracts – ppti.info Singh Sale of Goods Act .

What does it guarantee? In India, the registration of land or property refers to the registration of the transaction a sale deed , and not the land title.

Business Law (Commercial Law)

A registered sale deed is not a government guarantee of land ownership. The present record-of-rights in land in India is fiscal in nature.

The person on record is presented to be the owner. Thus, title to land is only incidental. Providing a guarantee of title is on the primary Legislative Agenda of the State. What if any is the consequence of non-registration?

Section 17 of the Registration Act provides for documents that need to be compulsorily registered. Section 17 1A of the Registration Act provides that documents containing contracts to transfer for consideration any immovable property for the purpose of Section 53A of the Transfer of Property Act, 4 of shall be registered if they have been executed on or after the commencement of the Registration and Other Related Laws Amendment Act, and if such documents are not registered on or after such commencement, then they shall have no effect for the purposes of the said Section 53A.

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Section 49 of the Registration Act talks about the effect of non-registration of property that is required to be registered under the TPA or Section 17 of Registration Act. Thus, the land compulsorily required to be registered is specified under Section 17, and the effects thereof, too, are specified in the Act. Section 18 of the Registration Act describes the documents, the registration of which is optional.

Please give details. First registration means the occasion upon which unregistered land or rights are first registered in the registries.

In India, registration is not required of the land in question, rather it is to be done by the instruments relating to land or the transaction. The main purpose of registration is to render the title of the property in the name of the transferee. A registered document operates from the date of its execution and not from the date of registration.

Registration also makes the documents pertaining to the land in question available to the public at large. This is where the doctrine of caveat emptor and Constructive Notice comes into play.

If the land is registered, it would mean that the documents are available to the public for perusal. That being the case, if the buyer or purchaser of the property fails to exercise due diligence at the time of transfer including sale , then he cannot be given any benefit. If there is a loss caused to the purchaser due to negligence on his own part, he cannot claim compensation.

Instruments that are unregistered can also be registered with the approval of the Sub-Registrar of Assurances. There is no probationary period in India except that all documents, other than a Will, have to be registered within four weeks of execution or during the extended period of four weeks.

It is pertinent to note that a transaction may entail a series of stages and for every such stage there may be a requirement of creation of documents and instruments.

Such instruments may be required to be registered under the ambit and mandate of the Indian Registration Act. Such registered instruments may result in different classes of rights, title and interest. By way of an example, in a transaction of sale, the ownership is transferred by a sale deed.

Please refer to Section 17 of the Indian Registration Act. Thus, a new class of rights and entitlement are created in the interregnum in the process of an absolute sale. Such transfer, in the case of tangible immovable property, of the value of Rs. Section 47 of the Registration Act states that a registered document will prevail from the time which it would have commenced to operate if no registration would be required, and not from the time of its registration.

Do earlier rights defeat later rights? As a general rule, rights that are created earlier are also deemed to be created prior in law, and thus even though the instrument by which the rights were initially transferred was registered after the subsequent instrument in respect of the same property being registered, the right created earlier will be enforceable in priority to that created subsequently.

Section 48 of the Transfer of Property Act, states the law regarding priority of rights created by transfer — This means that where a person purports to create by transfer at different times, rights over the same immovable property, and such rights cannot be exercised to their full extent together, each later right created will be subject to the rights that were previously created.

This is the general rule, except when: 1. This principle is based on the maxim qui prior est tempore potior est jure which means he who is prior in time is better in law. The one who has advantage in time should also have precedence in law, where two successive transfers of the same property have been affected. As a general rule, rights transferred by a registered document prevail over those transferred by an unregistered document.

Sometimes, the rights provided by Statue may prevail over those that are given under an agreement. Section 47 of the Registration Act, states that a registered document will prevail from the time which it would have commenced to operate if no registration is required, and not from the time of its registration.

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If the transferee is found to have either actual or constructive notice, he would not be given the benefit under Section However, if the purchaser is a bona fide purchaser, then the benefit under Section 48 will be given to him.

If more than one please specify their differing rules and requirements. Registries are within the jurisdiction of the State Government and fall in Concurrent List in Schedule VII and, thus, laws in respect of these matters can be made both, by the Centre as well as by the State.

They are guided and operated under the laws, rules and regulations of the parent state. The Registration Act, is a Central Legislation which provides for the registries to be adopted by the States who are empowered to cause amendment or modification in terms of Article The owners of real estate prove their title through the documents of registry.

A registered instrument is admissible in evidence under the provisions of the Registration Act, and the Transfer of Property Act. Such evidence is advanced before the court of law in accordance with the Evidence Act. What documents need to be provided to the land registry for the registration of ownership right? Can information on ownership of registered real estate be accessed electronically?

No, a transaction relating to registered real estate cannot be completed electronically. Physical presence of the parties is required. The documents of the property that need to be registered need to be submitted to the Sub-Registrar of Assurances within whose jurisdiction the property is situated.

The authorised signatories for the seller and the purchaser have to be present along with two witnesses, for registration of the documents. If the signatories are representing someone else, they have to furnish the power of authority.

In order to facilitate the same. Digitisation of land records was introduced to computerise all land records including mutations, improve transparency in the land records maintenance system, digitise maps and survey, update all settlement records and minimise the scope of land disputes. The registered documents can be accessed electronically dating back to the date when they were first digitised in that jurisdiction.

Along with this, the list of licence cases is also available online. Every registering officer is deemed to be a public servant within the meaning of the Indian Penal Code. The Registration Act further provides that no registering officer shall be liable to any suit, claim or demand by reason of anything in good faith or refused in his official capacity.

However, the principles of absolute and strict liability may be applicable on the registry in cases of tort law. To ensure the personal liberty of individuals from abuse of public power, a remedy was created by the Apex court to grant damages through writ petitions under Article 32 and Article of the Constitution.

The doctrine of Sovereign Immunity has lost its significance as time has passed. In Dr. Mehmood Nayyar Azam v. Can a buyer obtain all the information he might reasonably need regarding encumbrances and other rights affecting real estate and is this achieved by a search of the register? Even though the books and materials registered are available for access to the public at large, there are still some restrictions due to which some of the books might not be available for access to the public, though they are accessible to the parties to the transaction and even the beneficiaries.

Section 57 of the Registration Act, deals with registering officers to allow inspection of certain books and indexes, and to give certified copies of entries. The same can be presumed under law to be adequate evidence of any encumbrance on the property created by a registered instrument. Com students of University of Calcutta. The book seeks to provide a comprehensive coverage of the various topics relating to business laws.

Written in a simple language, the book cuts through complex legal terminology, which will be appreciated by the students. The theoretical constructs are further elucidated through several real cases, examples, and chapter end case studies. Completely meets the requirements of the new CU B. E-commerce and Business Communication. Financial Accounting. Microeconomics I and Statistics. Principles of Management. Cost and Management Accounting II.

Financial Accounting II. Abhik Kr. Cost and Management Accounting I. Business Mathematics and Statistics.

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Recommended Books for study: James Barnes, L. Avatar Singh: Notice may be of two types: Actual Notice; and Constructive Notice. Unit XI: In this fascinating account, Tirthankar Roy reveals how the Company's trade with India changed it—and how the Company changed Indian business. Also, massive growth opportunities are being witnessed in the renewable energy sector. Can a buyer obtain all the information he might reasonably need regarding encumbrances and other rights affecting real estate and is this achieved by a search of the register?

Kinds of custom, conventional custom, local custom, custom and prescription — The general custom Unit — IV Legal concepts I — Legal rights and duties — Right — Duty correlation — Persons — Nature of personality — Status of unborn, minor, lunatic, drunken and dead persons — Corporate personality possession and ownership.

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