Tagged: Transfer of Property Act

Understanding the Importance and Procedure of a Succession Certificate in Inheritance

A succession certificate is a Legal document authorising a person as  rightful/lawful successor of the deceased who has died intestate i.e. without making a WILL. The primary objective of Succession Certificate is to grant the successor the authority to inherit debts, securities and other movable assets of the deceased. However, if a deceased person has left a valid WILL, the...

DELHI HIGH COURT – BREACH OF CONDITIONS OF LEASE ENTITLES OPPOSITE PARTY TO TERMINATE LEASE AND WHERE BREACH IS BY TENANT, LANDLORD GETS RIGHT TO TERMINATE LEASE

Delhi High Court Date of Judgement: 12.08.2015 Transfer of Property Act, 1882 — Sections 106 and 111 — Banking Regulations Act, 1949 — Section 44A and Section 45 — Tenancy — Eviction — Assignment of tenancy rights by tenant — Lease-deed prohibits sub-letting/assignment without prior written consent of lessor — Breach of condition of lease entitles opposite party to terminate lease...