April 23, 2018

Will Writing - Please be Careful

please click

https://economictimes.indiatimes.com/wealth/plan/avoid-these-8-mistakes-while-writing-a-will-to-ensure-your-assets-are-passed-onto-your-heirs/articleshow/63855623.cms

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While writing Will , please include these important points.
1 ) Where ever ( Testator ) made Nominations , the Nominee / s would be the sole heirs.

2 ) In case , any one of the legatees pre deceases( Testator ) in that case that share would not lapse but would , instead , devolve on the Legal heirs of that Legatee.


3 ) In case any asset , movable or immovable , is not mentioned here or is acquired afterwards would devolve on --------

Also , please try to get Will registered ( though not mandatory )and appoint Executor /s

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Must Make Will - Nominee Only Trustee in Most Cases

Nominee ( except in case of shares and most probably , now , in Insurance policies ( please recheck ) - is only a Trustee. Real owner is as per the Will.

It is very important to remember that , in case of Mutual Funds / Fixed Deposits , nominee is only a representative / Trustee on behalf of the heirs .

A Will or Natural succession in the absence of a Will would determine who would inherit the Mutual Funds.

Best is make a Will and write in it " THAT WHERE EVER I HAVE MADE NOMINATIONS OR THERE ARE JOINT HOLDERS THEN THOSE NOMINEE / S OR THE SURVIVING JOINT HOLDERS WOULD BE EXCLUSIVE BENEFICIARIES "

IN CASE THE NOMINEE PREDECEASES THE HOLDER THEN THE NOMINATION STANDS CANCELLED . IT DOES NOT PASS ON TO THE HEIRS OF THE NOMINEE.
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All rulings are stating that ( particularly in Co-op Housing Flats etc ) that Nominee is only a Trustee on behalf of all the heirs , Further it has been ruled that Co-operative Societies cannot invent their own rules of Succession.Either the succession is Testamentary ( through Will )or Intestate ( Succession Laws ). No third option.

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To the best of our knowledge ( please please Recheck ) Nominee or the surviving Joint Holders in case of Shares is
absolute owner( without reference to any Will / Natural Heirs. )'

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In our one case , the Trial Court granted Probate on a Photostat copy of an Unregistered Will.


We went in to appeal in the High Court where our Appeal was upheld

CASE 2: ASHWANI KUMAR AGGARWAL vs. B.K. MITTAL (High Court of Delhi
Decided on July 03,2014)
ACT:INDIAN SUCCESSION ACT, 1925.
BACKGROUND:If a Will is lost, what is the remedy available to the Heirs?
CASE BRIEF:“Section 237. Probate of copy or draft of lost Will-When a Will has been lost or mislaid post the testator’s death, or has been destroyed by wrong or accident and not by any act of the testator, and a copy or the draft of the Will has been preserved, probate may be granted of such copy or draft, limited until the original or a properly authenticated copy of it is produced.”.
for more , please click
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All Written Wills ( registered or not registered ) are , legally , categorised as UNPRIVILEGED Wills.
Privileged Wills ( even Oral ) are available only to soldiers.

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BLOG : PLEASE RECHECK ALL INFORMATION WITH LEGAL EXPERTS.


 NO RESPONSIBILITY WITH BLOG.

April 18, 2018

India's First Train ( Goods ) Ran in 1851 at Roorkee ( Uttarakhand )

https://economictimes.indiatimes.com/industry/transportation/railways/today-is-165th-anniversary-of-indias-first-train/the-train-had-three-engines/slideshow/63786141.cms

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The Solani aqueduct near Roorkee, apart from being an engineering marvel has the distinction of having first ever Steam Engine - in December 1851( before the Bombay line ) actively operating in India to ferry massive amounts of earth required for raising the level of the canal 's course.

https://tvaraj.com/2014/06/30/was-the-indian-railways-born-on-april-16-1853/

https://naidunia.jagran.com/national-the-first-train-ran-between-roorkee-to-kaliyar-601724 

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Convert Old Upper Ganges Canal ( Haridwar to Roorkee ) in to a National Heritage ( Museum

Convert the abandoned old section of the Upper Ganga ( Ganges )Canal ( from Har-Ki - Pauri, Haridwar to Roorkee ) in to a sort of national heritage museum- thinkers of Jalandhar discussed animatedly.
Convert Old Upper Ganges Canal ( Haridwar to Roorkee ) in to a National Heritage ( Museum

This section ,originally constructed around 1850 by the East India Company , was at that time the biggest canal system ever undertaken. It was and still is an engineering marvel It has aqueducts , super passages , massive sluice gates , spillways etc. There are massive "lion statues " guarding the canal , near Roorkee.
.
But. presently , this old section of the beautiful canal is in dis use and a new canal course has been constructed parallel to the old canal. The old canal is in a very pitiable condition. It is neglected and open to vandalism.
It should , immediately , be declared a 'National Heritage " and suitably preserved. It can , also , be developed in to an attractive tourist designation.


Further , aqua riverine life like the great Indian Gharial , which once was abundant in the Ganga and which is now threatened can be introduced in some sections of this great canal.


http://en.wikipedia.org/wiki/Ganga_canal


http://www.indianexpress.com/news/rail-trail/410840/


http://www.wwfindia.org/news_facts/


( " GANGES " is the English adaption of the word GANGA JI " )

Safety of LPU Students

A pedestrian Under bridge for LPU students should be constructed under the Jalandhar- Phagwara GT Road in front of the LPU Main gates.

please click

http://www.tribuneindia.com/news/punjab/lok-adalat-suspends-toll-collection-on-killer-road/575642.html




Safety of students is paramount.

April 16, 2018

Death Penalty-Not the Real Answer - Jalandhar Thinkers

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Entire Judicial system is over burdened . So are jails.

Address the issue in a multi prong way

So not ignore issues which start such heinous crimes

- Absence of any regulated voluntary sex trade. Studies have shown significant lower cases of rape where there are Sex Workers . Let us not ignore the realities of present day India.

- Check firmly Child Porn on the Internet.

BRITISHERS- HEAD HUNTERS

After suppressing the 1857 First War of Independence, Britishers took away skulls of fallen Indian martyrs as WAR TROPHIES.

Jalandhar Thinkers feel that Britishers's behaviour in 1857 -1858 was most depraved.

Worse than Nazis and acted as BAAP s of , present day ,ISIS savages.

please click

https://www.ndtv.com/india-news/alum-bheg-1857-revolt-soldiers-war-trophy-skull-should-be-returned-from-uk-historian-1837767