Domicile

Domicile

A person is said to have a domicile in a country in which he/she is considered to have his/her permanent home.

IN WHICH COUNTRY WAS THE PERSON DOMICILED…?

  • Every person has one domicile from his birth to death.
  • As soon as person is born the domicile of his/her father attaches to him/her. This is called domicile of origin.
  • A man can give up his domicile of origin and acquire a new domicile of choice by taking up a fixed habitation in another country.
  • The domicile of origin prevails until a new domicile has been acquired.

DOMICILE OF ORIGIN FOR A CHILD

  • The father’s domicile, where the father was alive at the child’s birth.
  • The mother’s domicile, where the father was not alive at the child’s birth, or where the child was illegitimate.
  • Where the parents were not known, the domicile was the place in which the child was found.

DOMICILE OF ORIGIN

Example:

At the time of the birth of A, his father was domiciled in England. A’s domicile of origin is England, whatever may be the country in which he was born.

DOMICILE BY CHOICE

  • When a child reached the age of majority, and had subsequently settled in another jurisdiction with the intention of making it his permanent home.
  • When a person moves away from a domicile of choice with the intention of settling in another jurisdiction, but has not yet done so, his domicile reverts to the domicile of origin until settlement in a new permanent home has taken place.

DOMICILE OF DEPENDENCY

  • A child’s domicile would change when the relevant parent had acquired a new domicile of choice.
  • A wife would acquire her husband’s domicile upon marriage.
  • A person born mentally incapacitated, or becomes mentally incapacitated while still a minor, continues to be treated in the same way as a dependent child until the incapacity no longer exists.

PROPERTY BASED APPLICABLE LAWS

Law regulating succession to deceased person’s immoveable and moveable property, respectively.

  • Succession to the immoveable property in India of a person deceased shall be regulated by the law of India wherever such person may have had his domicile at the time of his death.
  • Succession to the moveable property of a person deceased is regulated by the law of the country in which such person had his domicile at the time of his death.

PROPERTY BASED APPLICABLE LAWS

Example:

  1. Mr.  A, having his domicile in India dies in France, leaving moveable property in France, moveable property in England, and property, both moveable and immoveable in India. The succession to the whole is regulated by the law of India.

Mr. A, an Englishman, having his domicile in France, dies in India and leaves property, both moveable and immoveable, in India. The succession to the moveable property is regulated by the rules which govern, in France, the succession to the moveable property of the Englishman dying domiciled in France, and the succession to the immoveable property is regulated by the law of India.

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Users are deemed to have irrevocably waived any claims against the Midas Touch Investments for any loss or damage suffered as a result of any access to or interaction with any other websites via this website. In the event that you may wish to access any services through this website, you are advised that any transactions over the Internet carry certain special risks. By agreeing to enter this website, visitors to this website expressly accept that Midas Touch Investments will not and cannot be held liable (in all forms of legal liability) for any transactions that are processed over the internet. Online transactions may be subject to but not limited to, interruption, transmission, blackout, delayed transmission due to Internet traffic, or incorrect data transmission due to the public nature of the Internet. All information contained in this website is general information only. While special care has been taken in preparing the information and materials contained in this website, such information and materials are provided to users on an “as is” basis and carry no warranty or representation of any kind, express or implied. In particular, no warranty or representation is given for information and materials regarding non-infringement, security, accuracy, suitability for a particular purpose, or freedom from computer virus, Trojan horses, worms, software bombs or similar items. Moreover, the information contained in this website may be changed at any time without prior notice. Visitors to this website may print out items of interest for their own personal use only. Copyright notices and other identifying information must be removed from such printouts. The content of this or of any linked website must not be reproduced in any manner for any other purposes. Midas Touch Investments reserves the right to pursue any necessary legal action for any copyright infringement. Midas Touch Investments accepts no liability whatsoever for any loss or damage, or otherwise as stipulated in this legal disclaimer, arising from the use of any section of this website, whether or not such loss or damage is caused by reason of negligence, or otherwise on the part of Midas Touch Investments. The users assume all risks associated with the use of this website including, but not limited to, all terms and conditions mentioned in this legal disclaimer. Any disputes are subject to Mumbai Jurisdiction only.

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Disclaimer:

Midas Touch Investments, disclaims responsibility and legal liability for any loss, harm, or damage, however caused, resulting from accessing any section of this website. Visitors to this website also consent to waive the right, by entering this website, to seek any form of restitution, damages, or remedy, monetary or otherwise, for any loss, harm, or damage, however caused, resulting from accessing this website. Midas Touch makes every effort to avoid making incorrect misrepresentations or misleading statements, and in no way encourages unconscionable or deceptive conduct in the providing of its services. By entering this website, you expressly accept that Midas Touch will not and cannot be held liable (in all forms of legal liability) for; and that Midas Touch does not warrant, guarantee, or represent (expressly or impliedly), that; information, opinion, commentary, data, or any other content in this website is accurate, valid, complete, legal, and current. The information in this website is obtained and compiled from various sources we believe to be reliable, but Midas Touch does not expressly or by implication guarantee its reliability. Nothing in this website constitutes an offer or solicitation of financial product, advice, recommendation and are not intended to constitute provision of investment, legal, tax, or other professional or financial advice. Such content therefore should not be relied upon for the making of any personal financial and investment decisions. Persons accessing this information are strongly encouraged to obtain appropriate professional advice from registered investment advisors before making any investment or financial decision. By entering, visitors to this website expressly accept that Midas Touch does not warrant, guarantee, or represent (expressly or impliedly) that the website is free from technical malfunction or human error, or that any services obtained through this website are of fitting quality and suitable for any particular purpose, and you expressly accept that Midas Touch will not and cannot be held liable (in all forms of legal liability) for any errors, inaccuracies or omissions (including any third party) and any loss or damages, whether incidental, consequential, or otherwise, resulting from its use or inability to use by any party, or in connection with any error, interruption, delay in operation or incomplete transmission, or line or system failure. Use of hyperlinks to or from other internet sites or resources are the users own risk. The content, accuracy, opinion expressed, and other external links provided at these sites are not investigated, verified, modified, or endorsed by Midas Touch. Midas Touch disclaim any responsibility for the accuracy, contents, availability, or inclusion or omission of information found on sites that link to or from this website. Visitors to this website are solely responsible for making all enquiries and investigation before proceeding with any online or offline access or transaction with any of these third parties. Midas Touch emphasises that all activities conducted by users at or via this website are at their own risk. Midas Touch does not warrant the security of any information users may forward, or be requested to provide, to any third parties. Users are deemed to have irrevocably waived any claims against the Midas Touch for any loss or damage suffered as a result of any access to or interaction with any other websites via this website. In the event that you may wish to access any services through this website, you are advised that any transactions over the Internet carry certain special risks. By agreeing to enter this website, visitors to this website expressly accept that Wealth Man will not and cannot be held liable (in all forms of legal liability) for any transactions that are processed over the internet. Online transactions may be subject to but not limited to, interruption, transmission, blackout, delayed transmission due to Internet traffic, or incorrect data transmission due to the public nature of the Internet. All information contained in this website is general information only. While special care has been taken in preparing the information and materials contained in this website, such information and materials are provided to users on an “as is” basis and carry no warranty or representation of any kind, express or implied. In particular, no warranty or representation is given for information and materials regarding non-infringement, security, accuracy, suitability for a particular purpose, or freedom from computer virus, Trojan horses, worms, software bombs or similar items. Moreover, the information contained in this website may be changed at any time without prior notice. Visitors to this website may print out items of interest for their own personal use only. Copyright notices and other identifying information must be removed from such printouts. The content of this or of any linked website must not be reproduced in any manner for any other purposes. Midas Touch reserves the right to pursue any necessary legal action for any copyright infringement. Midas Touch accepts no liability whatsoever for any loss or damage, or otherwise as stipulated in this legal disclaimer, arising from the use of any section of this website, whether or not such loss or damage is caused by reason of negligence, or otherwise on the part of Midas Touch. The users assume all risks associated with the use of this website including, but not limited to, all terms and conditions mentioned in this legal disclaimer.

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