Can examine lapses in CVC’s appointment: Supreme court

Posted On & filed under Legal Articles.

The Supreme Court Monday said it was not barred from examining the validity of a statutory appointment, including that of the Central Vigilance Commissioner (CVC), by the highest constitutional authority if the selection and appointment procedure was vitiated. “Some constitutional authority is entrusted with the powers to make statutory appointments. We must have faith in… Read more »

AN OVERVIEW ON DOWRY PROHIBITION

Posted On & filed under Legal Articles.

 “Too Many Laws but Too Little Justice” – Mr.N.A.Palkhiwala An eminent jurist of International repute Mr.N.A.Palkhiwala has observed in his book “We the People” that one of the costly failures of the Government in the post-Constitution era in India has been its failure to maintain Law and Order.  It is mostly prevalent in the case… Read more »

THE ENTRY OF NEW BANKS IN THE PRIVATE SECTOR – A BOOST TO FINANCIAL INCLUSION

Posted On & filed under Banking & Insurance Law, Legal Articles.

  PRESENT BANKING POSITION It is general principle that greater financial depth, stability and soundness contribute to economic growth. But broadening and deepening the reach of banking is the important factor for growth to be truly inclusive. The union finance minister in his budget speech for the year 2010-11 had announced that ‘The Indian Banking system… Read more »

SEBI & ART FUNDS – An Analysis

Posted On & filed under Legal Articles.

Another area where SEBI is trying to protect the interest of the investors is art-fund. It was come to the knowledge of SEBI that most of the entities are operating the art-fund without having been registered with the SEBI. As per the SEBI regulations no entity can be allowed to start a schemes or funds… Read more »

SECTION 25 COMPANIES UNDER COMPANIES ACT 1956

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 Under Indian law, 3 legal forms exist for Non-Profit organizations: Trusts Societies Section 25 companies  Due to better laws, Section 25 companies have the most reliable strongest organizational structure. Section 25 companies are those companies which are formed for the sole purpose of promoting commerce, art, science, religion, charity or any other useful object and… Read more »

REGISTRATION OF A PRODUCER COMPANY

Posted On & filed under Corporate & Commercial Law, Legal Articles.

The Companies (Amendment) Act 2002 vides notification no. S.O. 135 (E) inserted part IX – A of the Companies Act, 1956 ( hereinafter referred to as “the Act” ) and introduced the concept of Producer Company[1]. In the year 2002 an expert committee led by noted economist Y.K Alagh framed legislation for incorporation of a producer… Read more »

PROGRESSIVE ABOLITION OF CHILD LABOUR

Posted On & filed under Labour & Employment Laws, Legal Articles.

 “What I am today is because of education and I want every Indian child to be so touched by the light of education” -Prime Minister Dr.Manmohan Singh.           Children are the future custodians of all the present philosophies including sovereignty, rule of law, justice, liberty, fraternity and international peace and security.  The human rights jurisprudence… Read more »

TRAC PROPOSED DRAFT TAKEOVER CODE REGULATIONS 2010

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 A COMPARATIVE STUDY WITH REGULATIONS 1997 1.1. Introduction: From the beginning of the Takeover Regulations, 1997 up to know more than twenty three amendments has been made. But at present there is a steady increase in corporate restructuring by the Indian companies in order to stand in the race of competition filed the number of… Read more »

An Analysis of the Interaction of Psychology and Crime

Posted On & filed under Legal Articles.

Psychology and crime these two are prime facie two distinct things, but actually psychology is connected in many ways to the different aspects of crime; specially in the last 50 years the attention is shifted on the interaction of these two by criminologists, jurists and scholars. How the criminal tendency is developed, it is intrinsically… Read more »