by Paul Joseph
February 6, 2012
Uncategorized
DLF, the joke went, stood for Damn Lucky Fellow. Not without reason: its chairman, Kushal Pal Singh, has had five close brushes with death in his 81 years. Also because Singh is a rare phenomenon — a billionaire businessman from the Jat community. You will find his kinsmen as agriculturists, wrestlers and boxers, soldiers, bus drivers in Delhi Transport Corporation, cops on Delhi streets — but never in high business. Singh remains till date the only Jat to have ever made it to the Forbes’ List of Billionaires, a list dominated by Gujaratis, Marwaris and Banias. In popular lore, they are supposed to be strong and straightforward, and with a
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real estate,
real estate developers
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by Paul Joseph
February 6, 2012
Uncategorized
New Delhi: A high-level government panel has suggested that all movable and immovable assets acquired by a married couple or a couple living together be classified as joint property, to be divided equitably in case of separation or desertion. The Planning Commission’s working group on Women’s Agency and Empowerment wants a comprehensive legislation — ‘Right to Marital Property Act’ — to be brought in, which would be applicable to all communities. The panel, which wants a complete relook at family laws, argued that all assets acquired by a couple should be viewed as joint property, regardless of who bought it. It said the law must recognize a woman as an
Tagged as:
banking and finance,
real estate
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