Definition of Intellectual Property Intellectual Property as it is very much evident from the term itself it deals with the property created through one's intellect. Intellectual Property Rights are the monopoly assigned by the Government to the designated owner of the respective intellectual property right.World Intellectual Property…
Quid Pro Quo : a General Introduction and Meaning This maxim forms an important part in the sphere of mercantile law specially the consideration. Quid Pro Quo defined This is a Latin maxim. The meaning of this is "consideration", in real sense. The literal meaning of the maxim "…
I was introduced with Fedora back in the year 2012. My laptop was formatted and since then I am using Fedora. Initially I was hesitant to use Fedora. Being from a complete non technical background I had this idea that Linux and other free software things are very difficult to…
According to The Black's Law Dictionary the term ostensible owner means "apparent owner". Benamidar , benami property has a special sigificance today specially with respect to the scams we are having these days. Meaning and definition: The word 'Benami' has been originated from Persian vocabullary…
Ostensible Owner : Section 41 Transfer of Property Act , 1882: The relation between ostensible owner and benamdar: Meaning and introduction: The word ostensible , according to Mitra's Legal and Commercial Dictionary means " Able to be seen ; apparent ; assumable ; avowed ; deceptive ; pretended ; delusive ; delusory ;... The word 'ostensible' has…
In my last post I was discussing about the documents that has to be produced at the time at th time of taking the loan to the bank and now today we will be discussing about those documents seperately : Title deed : Title Deeds are those documents which are Conclusive Legal…
The most common question which arises while dealing with mortgage for the practical purpose as in while taking loan from banks and financial institutions that what are the document which should be produced to the bank or the financial institutions . The documents which are gernerally required by the banks at…
MORTGAGE a common but ambiguous term in today's loan oriented society. The popular term mortgage carries with it various vague ideas .We the common people know that we need to mortgage our property in order to get loans such as house building loans, car loans, educational loans and…