Key Takeaways FEMA makes sure that foreign trade and payments are in order, as well as that the foreign exchange market in India develops and is maintained in an orderly manner. An authorised dealer under FEMA is an authorised dealer, money changer, ..
INTRODUCTIONThe 74th constitutional amendment act mandated the establishment of urban local bodies (ULBs) or city governments as the lowest level of governance in cities and towns, as well as the delegation of powers to them. This landmark project la ..
Key takeaways The Public Gambling Act of 1867 is the piece of legislation that regulates online gambling in India. An online gaming licence is required for the state of Sikkim and Nagaland, while Andhra Pradesh has a blanket ban on internet gambling, ..
Key takeaways Cross Border merger is a merger of the operations of two or more companies that are formed in one or more foreign jurisdictions. Both inbound and outbound mergers are considered cross-border mergers. An inward merger is a cross-border m ..
INTRODUCTIONThe Code's Chapter XII (Sections 154–176) deals with information to police and their investigative capabilities. An investigation is a critical component of criminal proceedings. "Investigation" is the initial step aft ..
Key takeaways The Central Vigilance Committee's was created primarily to ensure that all forms of corruption in the public sector may be effectively avoided and dealt with in detail. It has the status of an autonomous body, free of control from a ..
INTRODUCTIONWhen exercising criminal jurisdiction under the Code of Criminal Procedure 1973, the district court is referred to as the sessions court. The State government establishes a court for each session division under Section 9 of the Code of Cr ..
Key takeaways Harshad Mehta scam is one of the largest financial and stock market scammers in India. His conduct in misleading people about the stock and financial markets, caused numerous banks to lose money and go bankrupt. Harshad Mehta’s of ..
Key takeaways On November 11, SEBI unveiled the rules governing online bond marketplaces that sell listed debt instruments. The Securities and Exchange Board of India (SEBI)'s regulation on the online bond platform may aid in the growth of the fi ..
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