The Foreign Exchange Management Act 1999(FEMA) was an act passed in the winter session of Parliament in 1999 ..
The New Consolidated Foreign Direct Investment Policy 2011 In the latest review of consolidated Foreign Direct Investment (FDI) Policy, Department of Industrial Policy & Promotion(DIPP), issued a circular 1of 2011 that came into effect from 1 ..
The consolidated FDI policy document is a single reference point for investors and regulators. The first such ..
Indian Contract Act, ICA, Contract, Section 17, Section 17 ICA, Fraud, Fraud in Contracts, Fraud and recklessness of Contract, False Statement of Fact, Recklessly, Gross Negligence, Fraudulent ..
In landmark a judgment delivered by Honble Supreme Court in Greater Bombay Co-operative Bank Ltd. Vs United Yarn Tex. Pvt Ltd & Ors {2007} 137 Comp Case63 (SC), the following issues came for consideration; [a] Whether DRT Act applies to ..
Registration of an instrument - Whether amounts to Public Notice ? : As per section 3 of Transfer of Property Act, a person is said to have notice of a fact when he actually knows that fact, or when, but for willful abstention from an inquiry or s ..
Whether an agreement is an arbitration agreement or not is crucial point in any contractual matter. Now-a-days it is a common practice in contract drafting to put arbitration clause ..
Settlement of disputes between two public sector enterprises / banks/ and between a public sector enterprise/ bank and a Government Department Government of India, Ministry of Finance, Department of Economic Affairs (Banki ..
Sales Tax would not be applicable on Sale of Sim Card : Legal Analysis. We are discussing the reportable judgment of Supreme court in case of Idea Mobile Communication Vs C.CE &C, Cochin, dated 4th Aug 2011 which is a land mark judgment a ..
It is a very common perception with borrowers of private banks like HDFC and ICICI that they are prompt in increasing their BPLR (Benchmark Prime Lending Rate) every-time RBI increases its Repo Rate but not so prompt in timing and magnitude wh ..