What is MWP Act: Even today, women can be seen struggling for property rights after marriage. Due to this, they have to face many types of disputes and problems. In view of this, the Married Women’s Property Act has been made. However, most women have little knowledge about it. There are many other benefits of this Act, let us know about it in detail.
There are many provisions in the law so that any married woman does not have to wander from door to door for her property rights after marriage. One of these provisions is the Married Women’s Property Act. In this, many types of arrangements have been made for the right of married women to property (Married woman’s right on property), which directly benefits the woman. This act also provides women the benefit of protection of their rights. Know in the news how married women benefit from this.
Women’s property rights are protected-
The Married Women’s Property Act has been specially made to maintain the full rights of the woman on her property (women’s property rights in law). This act in a way prevents the husband from making any claim on the wife’s property (wife’s right on husband’s property) and this ensures their financial security. In other words, it can be said that the Married Women’s Protection Act has been made to protect the rights of married women. This act was included in the law in 1874.
Property and investment are protected by this act –
1. The main objective of the Married Women’s Property Act, 1874 is to protect the property of married women. This legal provision secures women’s earnings, property, savings and investments (investment tips). It maintains the ownership of women, so that they can be protected from being forcibly snatched by someone else. The special thing is that under this law, after marriage, the husband cannot make any claim on his wife’s property.
2. Under the MWP Act, if the husband makes the wife and children beneficiaries in his insurance policy, then the amount received through the policy will be given only to the wife and children. Thus, no other person can claim this amount.
3. This Act was specially made to protect the property rights of women, so that in-laws, relatives and lenders cannot take over their property. Due to this, women get full rights over their properties and they are protected from external pressure.
4. This law protects the family from financial burden and disputes through insurance policy, as it ensures that the amount received from the policy reaches the family member only. All the property rights of the woman are protected.
5. This act is important for married women as it protects their property rights, thereby strengthening the social and economic status of women.