Freehold is a process of transfer of ownership of land and building from Government Authority to the owner on payment of conversion charges and providing required documents. It enhances the value of the property. It could be a DDA flats, Society flat, Shop, Commercial space, Plot, etc.
Above listed documents can vary depending upon the property type.
Mutation is the recording of a transfer of title of a property from one person to another in the revenue records. The documentation procedure to be followed and the fee payable vary from State to State. The mutation in the municipal records is for the purpose of payment of property tax, and it does not mean a legal title for the person in whose name the property has.
We undertake drafting of almost all kinds of deed, documents and agreements (business and personal) as per the needs and requirements of the client, few types are stated hereunder:
A person or a business needs copies of deeds and documents executed for a wide range of reasons. If you find yourselves in a position where you can't find the deeds or documents or you have lost the same. You can apply for the certified copy of the document. Certified copy is treated just like the original document.
We render our services for obtaining the certified copies of the lost documents from the concerned department; we can arrange certified copies in case of non-availability of the information as well.
We can help you in getting your property regularized if you have purchased the same through General Power of Attorney (GPA). As such the Supreme Court has restricted the (GPA) as a mode of property transfer, however it is said that the apex court has not banned GPA but ruled that property transaction through GPA will not be considered valid.
Registration is the process through which one can give authenticity to the executed deeds/agreements and documents (hereinafter referred to as Instrument). The Party or Parties has to physically appear in the office of the Sub-Registrar along with the original Instrument to get the same registered by paying the applicable stamp duty. Certain formalities are required to be carried out before a document is registered. There is a whole list of Instruments which needs to be registered as per law.
A trademark is any symbol, phrase, letter, number, signature or word that you use to identify the source of your goods or services. Trademarks allow companies to form a reputation for quality by consistently providing excellent products or services under the trademark. Once consumers have become accustomed to receiving excellent quality goods or services under the trademark, it is said that the trademark has acquired “good will,” which can make the trademark very valuable.
Copyright is an exclusivity given by the law to creator/author of literary, dramatic, musical and artistic work and producers of cinematographic films and sound recordings. It is actually a bundle of rights including, inter alia, rights to reproduction, communication to the public, adaptation and translation of the work. There could be some variation in the composition of the right depending on the work.
A Patent is an intellectual property right relating to inventions and is the grant of exclusive right, for limited period, provided by the Government to patentee, in exchange of full disclosure of his invention, for excluding others, from making, using, selling, importing the patented product or process producing that product for this purpose. The purpose of this system is to encourage inventions by promoting their protection and utilization so as to contribute to the development of industries, which in turn, contributes to the promotion of technological innovation and to the transfer and dissemination of technology. Under the system, Patents ensure property a right (legal title) for the invention against which patent has been granted, which may be extremely valuable to an individual or a Company. Patent right is territorial in nature and a patent obtained in one country is not enforceable in other country. The inventors/their assignees are required to file separate patent applications in different countries for obtaining the patent in those countries.
TYPES OF PATENT APPLICATIONS
WHO MAY APPLY
A Design refers to the features of shape, configuration, pattern, ornamentation or composition of lines or colors applied to any article, in two or three dimensional (or both) forms. This may be applied by any industrial process or means (manual, mechanical or chemical) separately or by a combined process, which in the finished article appeals to and judged solely by the eye. Design does not include any mode or principle of construction or anything which is mere mechanical device. It also does not include any trade mark or any artistic work.
The registration of a design confers upon the registered proprietor the exclusive right to apply a design to the article in the class in which the design has been registered.
A registered proprietor of the design is entitled to a better protection of his intellectual property. He can sue for infringement, if his right is infringed by any person. He can license or sell his design as legal property for a consideration or royalty. Registration initially confers this right for ten year from the date of registration. It is renewable for a further period of five years. If the fee for extension is not paid for the further period of registration within the period of initial registration, this right will cease. There is provision for the restoration of a lapsed design if the application for restoration is filed within one year from the date of cessation in the prescribed manner.
There are two types of Society and NGO's in India - State level and All India level. Before registering the NGO or Society you should know about the difference between both of them
STATE LEVEL means the society / NGO whose work area is confined within the state, in which it has been registered. To register the same you need to provide the ID proof of Seven Member's (DL | Copy of Passport | Voter ID). Minimum two Members (President - Treasurer or Secretary - Treasurer) has to be from that state and rest five member's can be from any states. Two set of MOA of NGO or Society.
ALL INDIA LEVEL means the Society or NGO whose area of work is all India. To register the same you need to provide the ID proof of nine member's (DL | Copy of Passport | Voter ID). Two members (President - Treasurer or Secretary - Treasurer) has to be from same state and rest seven member's from seven different states. Two set of MOA of NGO or Society.
In India incorporation or registration of company is regulated by the Companies Act, and is administered by the Ministry of Corporate Affairs through the Offices of Registrar of Companies (ROC) in each State.
A company can be Private limited company or a Public limited company. A new form has also come up which is called LLP (limited liability partnership), though it’s kind of partnership firm but the process of registration is looked after by Ministry of Corporate Affairs.
Incorporation process starts by filing of application for approval of name along with main object of the company. Once, same are approved, other documents had to be prepared and filed with respective ROC for registration. After scrutiny of the documents and other submissions the ROC registers the Company and issue the Certificate of Incorporation.
A company formed by minimum two persons as shareholders having the following features:
A company which is not a private company. The minimum number of shareholders and directors required for registering a Public Company is 7 and 3 respectively. Subject to compliance of the Companies Act, there is no restriction as to number of members, issue and transfer of shares and acceptance of deposits.
The same has been defined under the head of ‘Firm Registration’
A third party certification means the management system is audited by an independent organization. Most ISO management system standards allow the implemented management system to be certified by a third party. The certification body audits the implemented system against the standard chosen, and certifies that the system complies with the said standard. The certification body conducts a desktop review / audit of the documented management system. Upon satisfactory compliance the certification body issues a Certificate valid for 3 years. During the 3 years tenure, the certification body conducts continual assessments / surveillance audits of the certified management system. After 3 years, the organization applies for certification continuation / re-certification
In India a partnership firm is registered under the Indian Partnership Act 1932. There has to be more than 2 partners in the firm. The requirement to register the partnership Firm:-
In India a proprietorship which is also called a Sole Proprietorship Firm is register under the Indian Proprietorship Act 1908. The requirements to registered a proprietary firm:-
Limited Liability Partnership (LLP)
Limited Liability Partnership entities, the world wide recognized form of business organization has been introduced in India by way of Limited Liability Partnership Act, 2008. A LLP combines the advantages of both the Company and Partnership into a single form of organization. In an LLP one partner is not responsible or liable for another partner's misconduct this is an important difference from that of a unlimited partnership. In an LLP, all partners have a form of limited liability for each individual's protection within the partnership, similar to that of the shareholders of a corporation. However, unlike corporate shareholders, the partners have the right to manage the business directly. A LLP also limits the personal liability of a partner for the errors, omissions, incompetence, or negligence of the LLP's employees or other agents.