LCI Learning
Master the Art of Contract Drafting & Corporate Legal Work with Adv Navodit Mehra. Register Now!

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Lawyersclubindia Articles


Euro Leaders Outraged as GM Backs Out of Opel Deal

  Raj Kumar Makkad   06 November 2009 at 07:21

General Motors Co. (OTC: MTLQQ) stunned European government and labor leaders yesterday (Wednesday) when it backed out of a deal to sell a majority stake in its Opel and Vauxhall brands to car-parts supplier Magna International Inc. (NYSE: MGA).GM ma ..


Posted in Corporate Law |   740 Views


Buffett Bets on Bright U.S. Economic Future With Burlington

  Raj Kumar Makkad   06 November 2009 at 07:21

Warren Buffett believes in the United States’ economic future, and yesterday (Tuesday) he put his money where his mouth is.Berkshire Hathaway Inc. (NYSE: BRK.A, BRK.B) acquired railroad Burlington Northern Santa Fe Corp. (NYSE: BNI) in a deal v ..


Posted in Corporate Law |   655 Views


Will the RBI change its stance?

  Equitymaster   04 November 2009 at 12:19

All eyes will be on the RBI today as it releases its monetary policy and also gives an indication of where the interest rates are headed. The decision will be tough for the central bank as while on one hand the economy is limping back to recovery, on ..


Posted in Others |   895 Views


Is reservation on Regious basis justified?

  Raj Kumar Makkad   04 November 2009 at 12:18

In order to gain momentum in the case of Dalit Christians, church groups will organise a rally on Nov. 19, pressing the government to render SC status to converts to Christianity.Organised by the National Council of Dalit Christians, NCCI and CBCI, t ..


Posted in Constitutional Law |   1160 Views


Crime and social policy

  Raj Kumar Makkad   04 November 2009 at 12:18

Crime is a feature of all societies at all times. Nevertheless, certain trends and patterns appear consistently at different times and places. In general, traditional societies—i.e., rural and agricultural societies that lack significant econom ..


Posted in Criminal Law |   1057 Views


Interesting Definitions of crime

  Raj Kumar Makkad   04 November 2009 at 12:18

Crime is always fearful. (Roman)Crime often falls back upon its author’s head. (Roman)Crime puts those on an equal footing whom it defiles. (Roman)Crime, when it succeeds, is called virtue. (Roman)Crimes may be secret, yet not secure. (Italian) ..


Posted in Criminal Law |   1011 Views


Service Tax Input Service

  Chirayu Kothi   03 November 2009 at 19:06

INPUT SERVICE Rule 2 (1) “Input Service” Input Service means any service(i) used by a provider of taxable service for providing an output service(ii) used by manufacturer, whether directly or indirectly, in ..


Posted in Taxation |   2478 Views


Scope of Public Accountability

  Raj Kumar Makkad   03 November 2009 at 19:06

‘Public Accountability’ is a facet of administrative efficiency. Publicity of information serves as an instrument for the oversight of citizens. By the same token it suggests that law could become a means for fighting corruption. Theref ..


Posted in Constitutional Law |   1936 Views


Law Commission Report

  Raj Kumar Makkad   03 November 2009 at 19:05

The Law Commission had suggested in its 166th Report on “The Corrupt Public Servants (Forfeiture of Property) Bill, 1999”, that a law be made for confiscation of property acquired by corruption. It is not merely sufficient to remove a cor ..


Posted in Constitutional Law |   1988 Views


Can Assessed Income be Less than Returned Income?

  Vineet   03 November 2009 at 19:05

Section 143 of the Income Tax Act, 1961 (the Act) was substituted by the Direct Tax Laws (Amendment) Act, 1987 w.e.f 1/4/1989. Prior to 1/4/1989, as per the provisions of sub-section (3) of section 143 of the Act the Assessing Officer after examinati ..


Posted in Taxation  2 comments |   9736 Views