Introduction: Escrow is derived from the old French term escroue, which refers to a roll of parchment paper or a small scrap of paper held by a third party until the tran..
INTRODUCTION The case study focuses on the breakup of the joint venture agreement between LML Ltd., and the Italian automobile major, Piaggio. The case deals with the various developments that led to the break-up, and claims and counter-claims made by LML and Piaggio. After a year long bitter dispu..
An important issue came up before Hon’ble Guwahati High Court in the matter of State of Nagaland and others v/s. UCO Bank & others [AIR 2004 Guwahati 150]. In this case the main iss..
INTRODUCTION p class="MsoNormal" style="margin-top: 0in; marginn-..
1. Introduction Recently, a 2 judge bench of hon’blespan style="m..
“If parties to a contract have agreed to something unreasonable, they should be treated as if they have not agreed at all and be released. This happens in the case of general insurance contracts and is dealt with here in the light of a recent decision.” span sty..
.auto-style2 { font-weight: bold; } 1. Introduction Recently, a 2..
An optimal mix of financial instrument can be structured to incentivize the management to focus on the long-term management. However there is not a single unique optimal mix available for all firms. It will vary..
1. The ‘Industrial Loan’ is required for ..
Mens Rea means “Guilty Mind”, can a Company, which is an artificial person, have a guilty mind? Can corporate houses claim immunity from criminal prosecution because they cannot be physi..
Hon'ble High Court, Andhra Pradesh vide order dated span style="fontt-size: ..
The present situation of third party rights in the SARFASI Act is that, possession of third parties cannot be taken by adopting measure under Section13(4). Third party is not given notice under 13(2), taking possession from a third party in such a manner is not contemplated in SARFASI. Here the Supreme Courts have played an impor..
.auto-style2 { font-weight: bold; } Requirement of transfer in case of conversion of a firm into a private limited company under Part IX of the Companies Act, 1956 p class..
Jurisdiction of DRT under the SARFASI Act, 2002:- p class="MsoNormal" style="margin-bottom:0cm;margin-bottom:.0001pt;text-align: justify;lin..
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