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Indian-Americans demand legislation to protect properties in India

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New York: People of Indian origin living abroad have demanded legislation to protect their properties in India and setting up of fast track courts to address property disputes.

A growing number of scams against hereditary, residential and commercial properties of NRIs/PIOs is greatly discouraging them especially the Indian-Americans to invest in India, a community meeting in New York over the weekend noted.

Organised jointly by the Global Organization of People of Indian Origin (GOPIO), New York chapter and the Indian American Kerala Centre, it discussed many issues of NRIs buying, selling and owning properties in India.

The meeting chaired by GOPIO founder president Dr Thomas Abraham requested GOPIO to take up the issue of setting up fast track courts with the Indian government.

The meeting also called upon the Indian government to enact another legislation to provide title insurance to ensure that their ownership in real estate is protected against forged signatures on the deed and for any such fraudulent transfer of their properties.

It was also pointed out that NRIs are subjected to higher TDS (tax deducted at source) for capital gains while selling properties.

The meeting passed a resolution covering all these issues and plans to present it at the Regional Pravasi Bharatiya Divas to be held in Los Angeles on November 15.

The speakers included New York Attorney Anand Ahuja who is also the president of GOPIO-New York and Pambayan Meyyan, senior vice president of Forest Hills Financial Group.

(IANS)

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Center Issues Another LoC in NRI Matrimonial Dispute

The decision to issue the LoC was taken by the Integrated Nodal Agency (INA), headed by Rakesh Srivastava, Secretary, WCD.

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The Ministry of Women and Child Development (WCD) on Tuesday said it has decided to issue another Look-out Circular (LoC) in a NRI matrimonial dispute.
Center issues another LoC in NRI Matrimonial case. Pixabay

The Ministry of Women and Child Development (WCD) on Tuesday said it has decided to issue another Look-out Circular (LoC) in a NRI matrimonial dispute.

The Ministry also decided to impound the passport of one person as per provisions of the Passport Act related to the matter.

The decision to issue the LoC was taken by the Integrated Nodal Agency (INA), headed by Rakesh Srivastava, Secretary, WCD.

The Ministry of Women and Child Development (WCD) on Tuesday said it has decided to issue another Look-out Circular (LoC) in a NRI matrimonial dispute.
NRI Dispute case. Pixabay

The LoC will be issued after having the case scrutinised by the National Commission for Women (NCW) which was nominated as the coordinating agency at the national level for dealing with issues pertaining to NRI marriages.

Indian-American Diaspora: Indian-American Diaspora Plays an Important Role in Country’s Development

In criminal matters involving NRIs, the LoC could be issued by the INA in cognizable offences, when the overseas husband is deliberately evading arrest or not appearing in the trial court despite non-bailable warrants and other coercive measures or if there is a likelihood that he will leave the country to evade trial or arrest.

Last month, the Ministry had issued five LoCs after examining the complaints received regarding NRI matrimonial disputes. (IANS)