corporate law

The Date of 24th July of 1991 is taken as a turning point in the history of the Industrial Development of India as this was the day when New Reform Policy was announced by the Government by passing it in the parliament which initialed the phase of liberalization in In..

The Foreign Exchange Management Act 1999(FEMA) was an act passed in the winter session of Parliament in 1999 extends to the whole of India, which replaced Foreign Exchange Regulation Act 1973(FERA).   span new="" style="font-..

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 1st April,2011. This note recaps the major changes that have been introduced in the FDI Policy vide circular 1 of 2011..

The consolidated FDI policy document is a single reference point for investors and regulators. The first such consolidation was released in March, 2010 after which it has been updated every six months.  This‘Circular 2 of 2011’-is the fourth edition of the consolida..

link href="file:///C:%5CUsers%5CUSER%5CAppData%5C..

.style2 { font-weight: bold; } In landmark a judgment delivered by Hon’ble Supreme Court in Greater Bombay Co-operative Bank Ltd. Vs United Yarn Tex. Pvt Ltd & Ors {2007}..

.style1 { font-weight: bold; } 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, ..

“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 in almost all the commercial contract and refer the disputes to arbitration. If both the parties are a..

Settlement of disputes between two public sector enterprises / banks/ and between a public sector enterprise/ bank and a Government Department p align="center" class="MsoNormal" sty..

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 among all telecom operators engaged in the sale of Sim cards while facing demand of sales tax from the Commissione..

.style2 { font-weight: bold; } .style4 { text-decoration: none; } It is a very common perception with borrowers of private banks like HDFC and ICICI that they are prompt ..

After the amendment in N.I. Act was brought in the year 1988, making the bouncing of cheques as punishable offence, it was thought by the law framers that the commercial instruments would be honored in great respect. However, over a p..

Infrastructure development projects in the past were thought of as a way of providing infrastructure at no extra cost to the public. For this reason the projects used to be generally investigated, designed and financed by the Public Works Department of the State or Central Government. The projects needed several years for r..

The highlights of above ruling are as under:- p class="MsoNormal" style="mar..

.style1 { font-weight: bold; } Before declaring NPAs, Bankers have numerous duties to perform including rehabilitation not only once but multiple times – Important Information for Borrowers and their advocates p align="..