Banking & Insurance Law What You Need to Know About Due Diligence December 29, 2022 by Legal India Admin | Leave a Comment When a business is about to make a sale, there are certain things they need to know and do. These include obtaining an appraisal, disclosing material facts and defects, and making an accurate disclosure of costs and expenses. If you’re looking for more information on these topics, you’ve come to the right place. Legal The […] Read more » What You Need to Know About Due Diligence
Banking & Insurance Law Getting a Chapter 7 Attorney to Help With Your Bankruptcy December 29, 2022 by Legal India Admin | Leave a Comment If you are facing financial problems and are considering filing for bankruptcy, you may need to get a Chapter 7 attorney to help you. A chapter 7 attorney can explain to you what the filing will involve and help you decide if it is right for you. Then, you will learn about the exemptions, cost […] Read more » Getting a Chapter 7 Attorney to Help With Your Bankruptcy
Banking & Insurance Law Legal Articles Interpretation of Article 29A of IBC Code vis-a-vis Bank of Baroda v. MBL Infrastructure Limited and ors. September 2, 2022 / September 2, 2022 by Lavanya Goinka | Leave a Comment Introduction The Insolvency and Bankruptcy Code was passed in the year 2016. Its main aim was to solve insolvency problems between companies, be it of corporate persons, partnership firms or individuals. As published in the official gazette, the main aim is to promote entrepreneurship and credit availability, ensuring the balanced interests of all stakeholders and […] Read more » Insolvency and Bankruptcy Code (Amendment) Ordinance Interpretation of Article 29A of IBC Code vis-a-vis Bank of Baroda v. MBL Infrastructure Limited and ors. Section 29A of India’s Insolvency and Bankruptcy Code
Banking & Insurance Law Intellectual Property Rights (IPR) Legal Articles Section 80EE of Income Tax Act, 1961 September 2, 2022 / September 2, 2022 by Lavanya Goinka | Leave a Comment Section 80EE of Income Tax Act 1961 Introduction It is the civic duty and moral responsibility of any citizen of a nation to pay taxes to help in running the infrastructure of any country. The tax collected from the citizens is used for various purposes, such as reformation, growth, and development of any country. The […] Read more » 80EE of Income Tax Act 1961 Eligibility for tax deductions under Section 80EE of Income Tax Act Financial institutions as defined under Section 80EE of Income Tax Act Income Tax Act 1961 Section 80EE of Income Tax Act 1961 Subject matter of Section 80EE of Income Tax Act Substitution of Section 80EE of Income Tax Act
Banking & Insurance Law Legal Articles Second Wife Entitled To Family Pension Only Where Deceased Employee’s Personal Law Permits Bigamy: HP HC August 11, 2022 / August 11, 2022 by Sanjeev Sirohi | Leave a Comment In a significant observation, the Himachal Pradesh High Court in a learned, laudable and latest judgment titled Durgi Devi v. State of Himachal Pradesh and Ors. in Civil Writ Petition No. 1657 of 2016 pronounced as recently as on August 5, 2022 has observed that […] Read more » Deceased Employee’s Personal Law Permits Bigamy HP HC Second Wife Entitled To Family Pension
Banking & Insurance Law Legal Articles Reservation for transgenders in governmentt jobs : High Court issues notice to TN govt December 11, 2018 / November 16, 2023 by Bharat Bhushan | Leave a Comment The Madras High Court on Monday issued a notice to the Tamil Nadu government on a plea seeking special reservation for transgenders in appointments for government jobs. The notice was issued by Justice S Vimala on a plea moved by a Chennai resident P Sudha, a transsexual. The petitioner submitted that reservation is provided for […] Read more » Justice S Vimala Reservation for transgenders in governmentt jobs
Banking & Insurance Law Legal Articles KYC NORMS : AN Overview March 21, 2016 / March 21, 2016 by Bhavya Botta | Leave a Comment INTRODUCTION Way back to the second half of 2002, it is then RBI directed all the banks to implement the KYC guidelines for all the new accounts that will be further getting into operation. The main purpose of KYC norms was to restrict money laundering and terrorist financing when it was introduced in the late […] Read more » 1949 BREACH OF KYC NORMS : KYC guidelines KYC norms risks involved in KYC Section 35A of the Banking Regulation Act
Banking & Insurance Law Legal Articles Transfer Pricing: Capacity utilization adjustments September 28, 2015 / September 30, 2015 by Ranjeet Mahtani | Leave a Comment Transfer Pricing: Capacity utilization adjustments Tax authorities worldwide are investigating transfer pricing arrangements with increased vigour. In India too one witnesses the multifold increase in transfer pricing disputes and adjustments to the tune of INR 46,465 crore . One such issue, which has been the subject matter of dispute and very little guidance, is discussed […] Read more »
Banking & Insurance Law Private Equity Investments – A Brief Overview September 23, 2014 / September 23, 2014 by Saloni Mody Dalal | Leave a Comment Saloni Mody Dalal Private Equity (“PE”) financing has emerged as a major investor class and has been a driver of economic growth of companies over the world. This note summarizes the key steps involved in consummation of a PE investment. In order to make a PE investment, the PE investor has to undertake a series […] Read more » article on Private Equity Investments PE investment Private Equity Investments
Banking & Insurance Law Legal Articles A Critical essay on compounding of offenses under Companies Act, 2013 September 5, 2014 / March 16, 2016 by Vidya Priyadarsini | 1 Comment on A Critical essay on compounding of offenses under Companies Act, 2013 INTRODUCTION An ‘offence’ is defined as ‘any act or omission made punishable by any law for the time being in force’ under Section 3(38) of the General Clauses Act, 1897. Section 2(n) of Criminal Procedure Code 1973 (‘CrPC’) also defines ‘offence’ in the same way. A person guilty of committing an offence is liable to […] Read more » Companies Act 2013 compounding of offenses under Companies Act COMPOUNDING UNDER COMPANIES ACT 2013 THE LIMITATIONS OF COMPOUNDING UNDER COMPANIES AC 2013
