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Lawyersclubindia Articles


Director's Personal Guarantee - A void agreement

  Narendra Sharma   06 September 2012 at 13:28

Index to Parawise Contents 1. Evolution of concept of legal entity 2. Effect of Incorporation: Company as a separate legal person 3. Limited Liability 4. General Powers of Board 5. Borrowing 6. Finances 7. Directors as agents 8. Share ..


Posted in Corporate Law  14 comments |   5520 Views


Kasab Sentence Democratic

  Nitish Banka   03 September 2012 at 11:44

Everybody in India feels that the Kasab Judgement came too late after 4 yrs its too late.After spending 50 crores on his trial it is wrong and Indian government is not concerned about his death.Well the real truth is different from what people pre ..


Posted in Criminal Law  9 comments |   2830 Views


Witness Protection Program : Are we ready

  Dr G V Rao   03 September 2012 at 11:44

The Jessica Lal case had raised many important debates on the working of our Criminal Justice System. However the views are inappropriate and demanding. The Criminal Justice System in its entirety has become outdated and its growth stagnated. ..


Posted in Criminal Law  2 comments |   3548 Views


Performance of unconditional Bank Guarantee

  Bhawani Mahapatra   01 September 2012 at 12:45

A "contract of guarantee " is a contract to perform the promise, or discharge the liability, of a third person in case of his default. The person who gives the guarantee is called the " surety"; the person in respect of whose def ..


Posted in Corporate Law  5 comments |   8826 Views


Under what circumstances the security interest created in agricultural land is not enforceable under

  c.p.s. ramachary   01 September 2012 at 12:45

The term agricultural land is not defined in the SARFAESI Act. Agriculture means the science and art of cultivating the soil (S.P. Watel Vs. State of U.P. : AIR 1973 SC 1293=1973 SCR(3 783). Supreme Court in CIT Vs. Rja Benoy Ku ..


Posted in Corporate Law  3 comments |   6606 Views


The Special Economic Zones Act, 2005 - Judicial Response

  Dr. Mohan B Rao    01 September 2012 at 12:44

Introduction Industrialization is considered as a must for development. It cant be attained only by agriculture. Prof. Amartya Sen, the Nobel Laureate of India, opined that there cant a developed country that has reached ther ..


Posted in Others  4 comments |   4158 Views


Improving Access to Justice - National Mission for Justice Delivery and Legal Reforms

  Guest   29 August 2012 at 11:51

The National Mission for Justice Delivery and legal Reforms was set up in June, 2011 to achieve the twin goals of increasing access by reducing delays and arrears; and enhancing accountability through structural changes and by setting performance ..


Posted in Constitutional Law  2 comments |   2410 Views


All you need to know about Hindu Law & Property - Joint Hindu Family & Coparcenary

  Adv.R.P.Chugh   27 August 2012 at 12:15

This article explains and answers the following questions :- i) What is a Joint Hindu Family/Hindu Undivided Family as per the law ? ii) The Joint Hindu Family Property ? who all have a right ? iii) What is a Coparcenary ? and who all are Coparcene ..


Posted in Property Law  17 comments |   16351 Views


Banks going back from 'Settlement of Default of Debt' or 'Settlement of Debt'?

  Member (Account Deleted)   24 August 2012 at 12:08

It is known that while some loan transactions with the Bank like Housing Loan, Educational Loan etc. are very simple, some commercial loan transactions are very complex in nature. The Bank may provide various loan facilities to the Borrower and mo ..


Posted in Corporate Law  1 comments |   2441 Views


Points to be raised in a SARFAESI Appeal and getting relief?

  Member (Account Deleted)   23 August 2012 at 12:17

It has almost settled and become like a regular practice for the borrowers to question the proceedings initiated by the Banks at the last stage under the provisions of Securitisation and Reconstruction of Financial Assets and Enforcement of ..


Posted in Corporate Law  3 comments |   2840 Views