Section 29 Hindu Marriage Act 1955 – Savings
By Vkeel Team
Table of Contents
Description
“Section 29 Hindu Marriage Act 1955”
(1) A marriage solemnized between Hindus before the commencement of this Act, which is otherwise valid, shall not be deemed to be invalid or ever to have been invalid by reason only of the fact that the parties thereto belonged to the same gotra or pravara or belonged to different religions, castes or sub-divisions of the same caste.
(2) Nothing contained in this Act shall be deemed to affect any right recognised by custom or conferred by any special enactment to obtain the dissolution of a Hindu marriage, whether solemnized before or after the commencement of this Act.
(3) Nothing contained in this Act shall affect any proceeding under any law for the time being in force for declaring any marriage to be null and void or for annulling or dissolving any marriage or for judicial separation pending at the commencement of this Act, and any such proceeding may be continued and determined as if this Act had not been passed.
(4) Nothing contained in this Act shall be deemed to affect the provisions contained in the Special Marriage Act, 1954, (43 of 1954) with respect to marriages between Hindus solemnized under that Act, whether before or after the commencement of this Act.
Provisions of Section 29 Hindu Marriage Act 1955 for Marital Savings
Section 29 Hindu Marriage Act 1955 is a provision that allows for the protection of marital savings. This section states that any property or savings acquired by either spouse during the course of the marriage shall be considered as joint property and shall be divided equally between the two spouses in the event of a divorce.
The purpose of this provision is to ensure that both spouses are able to benefit from the savings that have been accumulated during the marriage. This is especially important in cases where one spouse has contributed more to the savings than the other. In such cases, the spouse who has contributed more to the savings will be entitled to a larger share of the marital savings.
The provision also states that any property or savings acquired by either spouse prior to the marriage shall remain the sole property of that spouse. This means that any property or savings that were acquired before the marriage will not be subject to division in the event of a divorce.
Finally, the provision also states that any property or savings acquired by either spouse after the marriage shall be considered as joint property and shall be divided equally between the two spouses in the event of a divorce. This means that any property or savings acquired after the marriage will be subject to division in the event of a divorce.
Overall, Section 29 Hindu Marriage Act 1955 is an important provision that ensures that both spouses are able to benefit from the savings that have been accumulated during the marriage. This provision helps to ensure that both spouses are able to receive a fair share of the marital savings in the event of a divorce.
How Section 29 Hindu Marriage Act 1955 Protects Marital Savings
Section 29 Hindu Marriage Act 1955 is a provision that protects the savings of a married couple. This section states that any property or savings acquired by either spouse during the course of the marriage shall be considered the joint property of both spouses. This means that any savings or assets acquired by either spouse during the marriage cannot be claimed by either spouse as their own.
This section of the Act is important for protecting the financial security of both spouses. It ensures that any savings or assets acquired during the marriage are shared equally between the two spouses. This helps to ensure that both spouses are able to benefit from the savings or assets acquired during the marriage.
In addition, this section of the Act also helps to protect the rights of both spouses in the event of a divorce. If a divorce occurs, the savings or assets acquired during the marriage will be divided equally between the two spouses. This helps to ensure that both spouses are able to benefit from the savings or assets acquired during the marriage, even if the marriage ends.
Overall, Section 29 Hindu Marriage Act 1955 is an important provision that helps to protect the financial security of both spouses. It ensures that any savings or assets acquired during the marriage are shared equally between the two spouses, and it also helps to protect the rights of both spouses in the event of a divorce.
Description Source: indiacode
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