The Revenue Department in Delhi, India by an order dated April 27, 2012 has directed all thirteen (13) Sub-Registrar offices under the Delhi Development Authority (DDA) and New Delhi Municipal Corporation not to register any realty sales through general Power of Attorney (POA).

Acquisition of real estate by foreign nationals, whether it is land or premises, is governed by the Foreign Exchange and Management Act, 1999 (FEMA). This Act was amended in 2002 and is dependant on the status of the foreign national including, but not limited to, the foreign national’s resident status.

1. Draft a Preamble Section: As a first step in drafting a commercial contract, a clear enumeration of who the contracting parties are is essential.  This identifies the parties to the agreement, the date of the agreement, and the residence of an individual or the place of formation and place of business of a corporation or other entity.

Recently the UK Government has introduced several changes relating to UK visas. Many of these changes came into effect from April 6, 2012 and rest will come into effect from June 14, 2012.

After a two year long debate, the Union Cabinet of India, chaired by Prime Minister Dr. Manmohan Singh approved the much anticipated draft bill for amendments to the Hindu Marriage Law Bill. This Bill was introduced in the Rajya Sabha in 2010 and from thereon was referred to the Parliament Standing Committee on Law and Justice and Personnel.