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Lawyersclubindia Articles


Foreign Exchange Turnover Data

  Prakash Yedhula    04 April 2008 at 13:35

The Reserve Bank of India today released the data showing daily merchant and inter-bank transactions in foreign exchange for the period March 10, 2008 to March 14, 2008.All Figures are in USD MillionsMERCHANTINTER BANKPositionDateSpotFCY/INRForwardFo ..


Posted in Corporate Law |   2568 Views


The Indian Economy and the Reserve Bank of India: Random Thoughts

  Prakash Yedhula    04 April 2008 at 13:26

The Indian Economy and the Reserve Bank of India: Random Thoughts(Shri Yeshwantrao Chavan Memorial Lecture 2007-08 delivered by Dr. Y V Reddy, Governor, Reserve Bank of India at the Indian Institute of Public Administration, Maharashtra Branch, Mumb ..


Posted in Corporate Law |   2721 Views


Acquisition and Transfer of Immovable Property in India by a person resident outside India

  Prakash Yedhula    04 April 2008 at 11:01

I Acquisition of Immovable Property in IndiaQ.1 Who can purchase immovable property in India?A.1 Under the general permission available, the following categories can freely purchase immovable property in India:i) Non-Resident Indian (NRI)- that is ..


Posted in Property Law |   3619 Views


Foreign Investments in India

  Prakash Yedhula    04 April 2008 at 10:58

Foreign Investments in India(As on April 1, 2007)The FAQs cover broadly the following areas :I. Foreign Direct InvestmentII. Foreign Technical CollaborationIII. Foreign Portfolio InvestmentIV. Investment in Government Securities and Corporate debtV. ..


Posted in Corporate Law |   3373 Views


Forex Facilities for Residents (Individuals)

  Prakash Yedhula    04 April 2008 at 10:55

Introduction:The legal framework for administration of foreign exchange transactions in India is provided by the Foreign Exchange Management Act, 1999. Under the Act, freedom has been granted for buying and selling of foreign exchange for undertaking ..


Posted in Corporate Law |   2536 Views


Reserve Bank’s Instructions on Banking matters

  Prakash Yedhula    04 April 2008 at 10:50

I. DOMESTIC DEPOSITS1. Whether banks can accept interest free deposits?Banks cannot accept interest free deposits other than in current account.2. Whether banks can pay interest on savings bank accounts quarterly? Banks can pay interest on savings ba ..


Posted in Corporate Law |   3129 Views


RIGHT TO JUSTICE

  J. P. Shah    01 April 2008 at 11:41

RIGHT TO JUSTICE ALL RIGHTS THAT LEGALLY ACCRUE TO AN INDIAN CITIZEN HAVE TO BE ENFORCED EVENTUALLY THROUGH COURTS. THE WAY OUR JUDICIAL SYSTEM IS WORKING, MAKE IT IMPOSSILE FOR THE COMMON CITIZENS TO THINK OF ..


Posted in Civil Law |   3115 Views


A call for Legal shake-up

  Vinod Kuriakose    31 March 2008 at 20:16

Indian society is becoming complex. We have always believed that our legal system was next to none. When all other existing disciplines such as technology, science, medicine and education made changes and conversions, the discipline of law refused ..


Posted in Criminal Law |   2651 Views


Terrorism Today

  Vinod Kuriakose    31 March 2008 at 20:16

Industrial and e conomic expansion has helped India to reduce its federal fiscal deficit. Ongoing disagreement with Pakistan over Kashmir, caste and religious issues, movement of extremist organizations, networks, and individuals has blemished our im ..


Posted in Others |   2276 Views


UNITED STATES - INDIA NUCLEAR DEAL

  Vinod Kuriakose    31 March 2008 at 20:16

India developed nuclear weapons of its own without outside support or help. Then it was giving a brave face for almost 30 years ignoring the world community by refusing to sign the NPT. In July 2005, The US administration declared its willingness f ..


Posted in Others |   2231 Views


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