10+ Senior Legal Executive Interview Questions and Answers

The basic terms in revenue records are Diaglot, RSR, RH, and 1956 EC.

• Diaglot refers to the survey map of a particular land area.

• RSR stands for Record of Rights, which contains details of land ownership, cultivation, and other rights.

• RH stands for Revenue Halqa, which is a revenue unit comprising of several villages.

• 1956 EC refers to the Punjab Village Common Lands (Regulation) Act, which regulates the use of common lands in villages.

Assigned lands are government-owned lands given to landless poor people.

• Assigned lands are given to landless poor people by the government.

• These lands are owned by the government and are distributed to eligible individuals.

• The process of acquiring assigned land varies by country and region.

• In some cases, individuals may need to apply for the land and meet certain criteria to be eligible.

• Examples of countries with assigned land programs include India, Bangladesh, and Brazil.

Land acquisition for zeroyati lands involves specific processes for government and assigned lands, excluding certain categories.

• Zeroyati lands refer to lands that are not cultivated or used for agricultural purposes.

• The acquisition process typically involves notification to landowners and assessment of land value.

• Government lands are usually acquired for public projects without compensation to the government.

• Assigned lands, given to individuals for specific purposes, may requ...read more

State refers to a politically organized territory with a government and a population.

• State is a territorial and political entity with a defined boundary.

• It has a government that exercises authority over its population.

• The main sections of MV act are 166, 163A, 140, 149.

• Calculation must be known before interview acc. to Pranay Sethi case.

• State can refer to a country, province, or territory within a larger country.

• For example, California is a state within the United States.

• In I...read more

EC encumbrance certificate is a legal document that certifies that a property is free from any monetary or legal liabilities.

• EC encumbrance certificate is issued by the sub-registrar's office.

• It is required during property transactions to ensure that the property is free from any encumbrances.

• It contains details of all transactions related to the property, including mortgages, liens, and legal disputes.

• It is valid for a specific period and needs to be renewed if the property ...read more

Lease is a transfer of interest in land for a fixed term, while license is a permission to use land for a specific purpose.

• Lease involves transfer of interest in land, while license only grants permission to use land

• Lease is for a fixed term, while license can be for a specific purpose or indefinite

• Lease gives exclusive possession to the tenant, while license does not necessarily give exclusive possession

• Examples of lease include renting an apartment or leasing a commercial p...read more

Understanding of clauses in commercial agreements and procedure for handling 138 Matters.

• Knowledge of different types of clauses commonly found in commercial agreements such as indemnity, termination, and confidentiality clauses

• Understanding of the legal process and steps involved in handling cases related to Section 138 of the Negotiable Instruments Act, including sending legal notices and filing complaints

• Experience in drafting and reviewing commercial agreements to ensure ...read more

LoL stands for Limitation of Liability and indemnity refers to compensation for loss or damage.

• LoL is a contractual provision that limits the amount of damages that one party can recover from the other party in case of breach of contract.

• Indemnity is a contractual obligation of one party to compensate the other party for loss or damage.

• For example, if a company provides indemnity to its employees for any legal expenses incurred while performing their job duties, the company w...read more

Documentation of bank loan involves gathering and organizing all necessary paperwork for a loan application.

• Gather personal identification documents such as driver's license, passport, or social security card.

• Collect proof of income such as pay stubs, tax returns, or bank statements.

• Provide documentation of assets and liabilities, including property deeds, car titles, and credit card statements.

• Include any additional documents required by the bank, such as business financial ...read more

Essentials of contract include offer, acceptance, consideration, intention to create legal relations, and legal capacity.

• Offer: one party must make a clear offer to another party

• Acceptance: the offer must be accepted by the other party

• Consideration: both parties must exchange something of value

• Intention to create legal relations: both parties must intend for the contract to be legally binding

• Legal capacity: both parties must have the legal capacity to enter into a contract