Legal Assist (Top Lawyers For Property Case in Delhi)

Creating a will is a crucial task that can greatly benefit your family. In Islamic law, this process has its own special rules and guidelines. Let’s break down what you need to know about making a will under Muslim law in simple terms. Mutation Of Property In Delhi Ncr | Best Delhi Lawyers For Succession Certificate | Best Delhi Lawyers For Wills / Trusts The Importance of Islamic Wills Muslims are strongly encouraged to have a written will. Prophet Muhammad (peace be upon him) said that a Muslim should not sleep two nights without having their will ready. This shows how important estate planning is in Islam. Basic Rules to Remember You can only give away up to one-third of your property to non-heirs through a will The remaining two-thirds automatically goes to your legal heirs according to Islamic law You cannot make a will in favor of your legal heirs (like children or spouse) since they already have fixed shares The will becomes active only after paying off all your debts and funera...

1.  Supreme Court Gives Clarification on Transfer of Actional Claims In October 2023, the Supreme Court (SC) in Infrastructure Leasing and Financial Services Ltd. v. HDFC Bank Ltd. & Anr. [1]  clarified on the legal stance pertaining to transfer of actionable claims. This ruling emerged from a dispute between Infrastructure Leasing and Financial Services Ltd. (IL&FS) and HDFC Bank Ltd. (Bank), on the point of the documents executed by IL&FS by which rents were made over to the bank constituted an assignment and thus fell outside the scope of an asset and security freeze order made by the NCLAT. Property Consultant Website | property registration in Gurgaon | Top Lawyers For Property Case in Delhi Facts of the case The HDFC bank (respondent) gave Rs. 400 crore credit facility to IL&FS (appellant), governed by “Master Facility Agreement” (MFA) that intended the opening of an escrow account with Housing Development Finance Corporation Bank Ltd. Simultaneously, a “...