asset ownership

Women are the rightful owners of their stridhan, which includes all pre-wedding, wedding, and post-wedding gifts and ornaments. Legally, husbands and in-laws are powerless to withhold these possessions from them.

Edtech giant Byju's founder Byju Raveendran received a six-month prison sentence in Singapore for contempt of court over asset disclosure non-compliance. This latest setback adds to the company's mounting legal woes, including fund diversion allegations and creditor claims, marking a significant downfall for the once-celebrated startup.

In India, the legal framework provides crucial safeguards for wives, ensuring that husbands cannot covertly shuffle assets during divorce disputes. Courts possess the authority to intercede and stop fraudulent asset transfers or attempts to deplete joint accounts aimed at circumventing rightful claims. While husbands typically have ownership over their possessions, this prerogative is curtailed when spousal support is at stake.

Losing original property documents necessitates immediate action to secure ownership. Filing an FIR, publishing a newspaper notice, and obtaining a notarized undertaking are crucial steps. Subsequently, applying for a duplicate sale deed from the property registrar is essential to prevent misuse and facilitate future transactions.

Byju Raveendran, founder of edtech Byju's, has been sentenced to six months in jail by a Singapore court for contempt of court. The ruling stems from his disobedience of court orders concerning his assets since April 2024. This development marks a significant downturn for the once-celebrated startup leader.

Non-Resident Indians dying without a will face complex property distribution in India. Intestate succession can lead to disputes and delays, requiring heir certificates, succession certificates, and mutation of property records. Indian succession laws, based on religion, govern inheritance for property in India, regardless of the deceased's foreign citizenship. A will is strongly advised to simplify the process.

Traditionally, property ownership in India was a symbol of security and status, but it often involved high costs and illiquidity. The introduction of Real Estate Investment Trusts (REITs) now allows individuals to invest in income-generating properties without direct ownership.

The Dallas Cowboys continue to be linked with Las Vegas Raiders star Maxx Crosby in trade speculation. Reports suggest the Raiders previously sought two first-round picks in exchange for the All-Pro pass rusher. While no deal appears imminent, Crosby remains a potential target for Dallas as it looks to strengthen its defense. Any trade would require significant draft capital and salary-cap maneuvering, making it a challenging but impactful move.

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In March, the Enforcement Directorate moved a special PMLA court under the Fugitive Economic Offenders Act (FEO) seeking to permanently confiscate 15 assets worth around Rs 700 crore belonging to late drug smuggler Iqbal Memon, also known as Iqbal Mirchi, and his family in Mumbai and Dubai. The plea includes Worli properties, comprising Rabia Mansion, Marium Lodge, and Sea View properties, and around 15 properties in Dubai, including Hotel Midwest Apartment in Bur Dubai.

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Lionel Messi and Antonela Roccuzzo have become one of the most powerful celebrity couples in world sport and entertainment. The Argentine football legend and his wife continue to see a massive hike in their fortune. They earn through football salaries, endorsements, businesses, and long-term investments. Their combined net worth in 2026 is estimated to be above $1.2 billion.

Byju Raveendran, the founder of failed edtech firm Byju’s, has been handed a six-month jail sentence by a Singapore court in a contempt case, as per a Bloomberg report.