Registration Act

Unregistered Leases: Rights, Risks, and Remedies

Summary: Registering lease deeds removes ambiguity, provides legal certainty, and prevents disputes over implied renewal.  This protects both landlords and tenants, reduces litigation and promotes smoother tenancy transitions.  This blog explains the legal significance of registration of leases and guides readers on the risks of leaving leases unregistered, empowering them to make informed decisions and avoid unnecessary disputes. Continue Reading Unregistered Leases: Rights, Risks, and Remedies

Dissolution of a partnership firm

Introduction:

Dissolution of a partnership firm entails closure of the business of the partnership, settlement of books and accounts of the partnership and distribution of the surplus property (i.e. remaining property of the partnership after settlement of debts and liabilities of the firm) among partners as per their respective shares in the partnership firm.Continue Reading Distribution of Assets of a Partnership Firm upon Dissolution – Is Registration of Deed of Dissolution or an Arbitration Award mandatory when Immovable Property is involved?