Legal Question in Real Estate Law in India
Dear sir,
can i have the property through dhana settlement from my cousin(not blood related and property is not his ancestral property which is his self property)? if it is possible,can i have rights to sale? or can i change that property into any other firm, because i want to start a private company in this year.so decided to convert this property into company property from me. is it all possible means kindly send me the procedure and details about dhana settlement. awaiting for your response.
thanks in advance.
5 Answers from Attorneys
Dear client...
Need to go through the copy of settlement ,,,
if possible send me at [email protected]
with regards
uttam Tibrewal
What is Dhana settlement ? Please clarify to get advice....Please check Sanjay Kalra and Associates on the internet to know more about our law firm and the legal services we are rendering for our clients from all over the World.
19.02.2013
Dear Sir / Madam,
(Guindy North, Chennai, Tamil Nadu)
Ideally you should purchase the property from your cousin at the agreed price and settle your cousin the agreed price consideration, to transfer it in your name. This action then entitles you to introduce the property as an asset in the Company that you intend to form. Your thinking is in the right direction. You can safely go ahead by all means.
Regards,
FCA Prashant Chavan
Mumbai
(You can also mail me for any further on-line advice at [email protected])
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