Wed, December 18, 2024
Tue, December 17, 2024
[ Tue, Dec 17th 2024 ]: Mint
Enel India deal on the final stretch
[ Tue, Dec 17th 2024 ]: AOL
Is the GM stock rally just beginning?
Mon, December 16, 2024
[ Mon, Dec 16th 2024 ]: MoneyWeek
6 taxes going up in 2025
Sun, December 15, 2024
Sat, December 14, 2024
Fri, December 13, 2024

What factors determine fair alimony? Latest SC ruling on divorce explained

  Copy link into your clipboard //business-finance.news-articles.net/content/202 .. imony-latest-sc-ruling-on-divorce-explained.html
  Print publication without navigation Published in Business and Finance on by Business Standard
          šŸž› This publication is a summary or evaluation of another publication šŸž› This publication contains editorial commentary or bias from the source
  The Supreme Court's recent ruling in the Rajnesh vs Neha case outlines eight key factors that determine alimony, focusing on financial capacity, standard of living, and the welfare of children.


The Supreme Court of India has recently clarified the factors that determine fair alimony in divorce cases, emphasizing the need for a balanced approach that considers both the financial status of the parties involved and the economic conditions of the country. The court highlighted that alimony should not be punitive but should ensure the dependent spouse can maintain a reasonable standard of living post-divorce. Key considerations include the income and property of both spouses, their respective needs, the duration of the marriage, the age and health of the parties, the standard of living during marriage, and the contributions made by each spouse to the family. The ruling also stressed the importance of not overburdening the paying spouse, suggesting that alimony should be fair and not lead to financial hardship for either party. This decision aims to provide a structured guideline for lower courts to ensure consistency and fairness in alimony awards.

Read the Full Business Standard Article at:
[ https://www.business-standard.com/finance/personal-finance/what-factors-determine-fair-alimony-latest-supreme-court-ruling-explained-124121600299_1.html ]