The prices were imposed on Shobha Prabhakara, fifty-four, spouse of retired IAS officer K.S. Prabhakara.
The High Court of Karnataka has imposed costs of ₹25,000 on the spouse of a retired IAS officer for allegedly making unsuccessful attempts, with the assistance of her husband, to take possession of a property from an NRI girl without making a fee as consistent with the sale deed.
The prices have been imposed on Shobha Prabhakara, 54, wife of retired IAS officer K.S. Prabhakara.
Justice P.S. Dinesh Kumar handed the order on a utility filed by 30-year-vintage Renuka Seshadri, who lives in Dubai, UAE. The Court also directed that the assets stay in the petitioner’s possession until the courtroom’s very last verdict.
The Court noticed that the petitioner, Mr. Prabhakara, and their accomplices attempted to take ownership forcibly and found that it might be “a travesty of justice” if courts stay “silent spectator” in a case of this nature, which could act in aid of litigants like Mr. Prabhakara, who belongs to the family of “coveted civil services and motel to illegal method to take ownership of the belongings, without paying consideration, from a gullible non-resident citizen.”
Restraint order
The Court additionally restricted Mr. And Ms. Prabhakara and their men from interfering with the peaceful possession of the belongings by using the petitioner till the final verdict.
Ms. Shobha agreed to buy the property for ₹1.39 crore and paid around ₹10 lakh in cash as an improvement to Ms. Renuka.
The sale deed was performed on November 30, 2016, and the client gave a cheque for the final quantity of ₹1.27 crore. However, this cheque became dishonorable.
Following this, Ms. Renuka sent an email to Mr. Prabhakara in January 2017, who replied that the loan had yet to be sanctioned, etc.
Following this, Ms. Renuka filed a match inside the civil courtroom, which did now not supply her period in-between protection from continuing to possess the assets because the sale deed was carried out.
However, on February 26, 2018, the High Court directed the parties to hold the reputation quo.
Following this, Mr. Prabhakara and his guys allegedly attempted to “forcefully” take ownership of the property on March 9, 2018, resulting in the registration of a criminal case of the attack in opposition to him by the petitioner’s father, who was living on the property. Mr. Prabhakara lodged a counter-criticism the following day.
Meanwhile, the Court cited that though the sale deed became completed because the charge changed into made, a clause within the sale deed itself had clarified that the receipt of sale attention became the concern to the realization of the cheque, making the sale incomplete.
Submitted On September 02, 2011
Recommend Article Article Comments Print Article Share this text on Facebook 1Share this newsletter on Twitter 1Share this article on Google+ Share this text on Linkedin Share this newsletter on StumbleUpon Share this text on Delicious Share this text on Digg Share this newsletter on Reddit Share this article on Pinterest Expert Author John Highman. When you work in industrial or retail belongings management, the handover system adopted when taking over a new belongings control is important to the end result. Preparation is the key to effective property management handover. As the belongings supervisor, the achievement of handover is completely on your fingers.
When different marketers drop a control, they may typically provide the briefest details about the handover. In other words, you will not get it if you do not ask specific questions and chase particular information. This results in all the issues below, plus more.
So frequently, the handover is poorly processed, and the cease result brings actual troubles to you because the belongings supervisor, which includes:
Errors in rent documentation
Arrears shortfalls
Incorrect invoicing of tenants
Loss of outgoings
Loss of property records
Loss of as-built drawings and tenancy plans
An irritated landlord
Lost assets records
Poor tenant communique
Loss of hire and different profits incidentals
Lost rent documentation, titles, agreements, and licenses
Lacking incentive detail for contemporary tenants
Disruption of belongings protection
Poor property overall performance
If you take the assets over from another property manager in every other enterprise, there will rarely be cooperation characteristics inside the process; in the main, they want to move on and away from the assets as quickly as possible. To compensate and attach the hassle, it’s far fine, so one can use a complex tick list that covers the property type and place.
Any property managers who try to do a handover without a tick list are leaving themselves open to legal responsibility and future issues.
Here are a few ideas to get you started on an asset handover checklist for yourself and your customers. Given your place and property specialty, you can and need to upload it to this listing.
Tenant touch element
Tenancy agenda (take a look at its accuracy)
Incentive element
Bank guarantees and other bonds or hires securities
Lease detail
Plans for the assets
Plans for the tenancy areas
Plans for the construction (as constructed drawings are crucial)
Income information currently and historically
Current tenant communications on first-rate problems
Arrears reputation report
Expenditure budgets and plans
Income and expenditure history over the previous couple of years (preferably three or extra years)
Energy consumption info and scores
Environmental topics and orders
Heritage topics and orders
Building code compliances
Occupancy certificates for the constructing
Landlord reports and codecs
Lease expiry profiles
Maintenance plans and information
Maintenance budgets
Tenancy mix plans and techniques
Property zoning orders, notices, and duties
Essential offerings report and compliances
Safety matters consisting of Workplace Health and Safety
So, this list covers some of the main problems to invite questions about in a property management handover. There are different matters you can add and need to achieve this as you refine the list of specific property types and locations.
The more distinct you are from the method, the less difficult your activity will become. Protect yourself and your landlord by adopting a radical and comprehensive handover method. Leave no stone unturned.
