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 ..
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 ..
Can Buy Back of shares be made by a Scheme of Arrangement?G. P. SahiPublished on 2005-06-24IntroductionSection 77A was introduced by the Companies (Amendment) Act, 1999, pursuant to the report of the working group which was set up to suggest reforms ..
Applicability of Section 138 of Negotiable Instruments Act, 1881 on Issuing of Cheques as a Security or for Future Liability. Money or paper currency was developed as an alternative to the barter system as medium of exchange. However, with the growth ..
Types of arbitration and their importance There are two types of Arbitration:1. Voluntary Arbitration2. Compulsory ArbitrationVoluntary Arbitration is a binding, adversarial dispute resolution process in which the disputing parties choose one or more ..
Benefits of Arbitration:Arbitration is the submission of a dispute to one or more impartial persons for final and binding determination. Court intervention and review are limited by applicable state or federal arbitration laws; award enforcement is f ..
CAN MURDER BE TREATED AS AN ACCIDENT FOR THE PURPOSE OF PERSONAL ACCIDENTS INSURANCE POLICY.By R. Brizmohan SinghAdvocate The one and the only point involved in the above captioned topic is as to whether Murder is an Accident or not?THE TERMS AND CON ..
Caveat Emptor is a Latin Phrase which means ‘Let the Buyer beware’. It is the property Law doctrine that controls the sale of real property after the date of closing. ..
A Debenture is like a certificate of loan or a loan bond evidencing the fact that the company is liable to pay a specified amount with interest. ..
1. While directors have the authority to regulate the affairs of the company collectively as Board, their duties of good faith and fair dealings are owed by each director individually. Directors have the duty not to place themselves in a position whe ..
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