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Key Takeaways The Foreign Exchange Management Act, or FEMA, is a piece of legislation that regulates the movement of money into and out of India The Reserve Bank of India performs a number of functions, including monitoring various policies that are prepared for banks and contro..

Meaning and definition The term meeting is not codified under the companies act, the word meeting is defined as “assembly of people for a particular purpose, for formal discussion”. A company meeting can be defined as a concurrence or coming together of members in order to transact either ordinary or special busin..

Key takeaways Government Company refers to any company in which the Central Government, any State Government, any combination of the Central Government and one or more State Governments, or a Company that is a Subsidiary Company of such a Government Company, holds not less than 51% (fifty one per cent) of the paid-up ..

Key takeaways According to the provisions of the Companies Act of 2013, it was established on June 1st, 2016, (Section 408). The NCLT is a quasi-judicial organisation created to settle all business-related disputes, with the exception of criminal proceedings for violations of th..

The Supreme Court in a recent judgment held that a subsequent purchaser has no right to claim lapse of acquisition proceedings. In the present case, the land was notified to have been acquired on 25.11.1980 under Section 4 of the Land Acquisition Act, 1984. Declaration under Sect..

The “two-finger test” followed in rape cases was prohibited by the Supreme Court which held that any person conducting the test shall be held guilty of misconduct. Justices D.Y. Chandrachud and Hima Kohli while restoring a rape conviction case regretted and criticized the use of the “two-finger test”. The bench held that the court has time a..

The Supreme Court in a Ballistic Report forwarded by the Director/ Deputy Director/ Assistant Director of a lab under the seal observed that it complies with the statutory requirement under Section 293 CrPC. Section 293 CrPC provides for reports of certain Government scientific experts that could be admissible evidence..

Case Name- S. Rajeev Kumar v. The Director, Central Bureau of Investigation [2022 LiveLaw (Ker) 572] Bench- Chief Justice S. Manikumar and Justice Shaji P. Chaly The Central Bureau of Investigation (CBI) is not required to provide any information requested under the a href="http..

Key takeaways A private placement is any offer of securities or invitation to subscribe for securities made by a company to a select group of people other than through a public offering through the issuance of a private placement offer letter. A company making a private placement invitation or offer must allot its stocks within 60 days after receiving the applicat..

Key takeaways Section 2 (62) of the Companies Act, 2013 defines a one-person company as a company that has only one person as to its member. A business that is owned and run by one person is known as a sole proprietorship. Proprietorships are recognised by other registrations, s..

While displaying absolute zero tolerance towards terrorism and terrorists, the Apex Court as recently as on November 3, 2022 in a most learned, laudable, landmark and latest judgment titled Mohd Arif @ Ashfaq vs State (NCT of Delhi) in Review Petition (Crl.) Nos. 286-287 of 2012 in Criminal Appeal Nos. 98-99 of 2009 and cited in 2022 LiveLaw (SC) 902 in exercise of ..

Introduction The United States holds a general election near the midpoint of a president’s four-year term in office, generally it is done on the Tuesday after the first Monday in the month of November. All the 430 seats in the United States house of representatives, and 33 or 34 seats in the house of senate. p s..

Case Name-  Janhit Abhiyan v. Union Of India with 32 connected matters [W.P.(C)NO.55/2019] Bench- Dinesh Maheshwari, Bela Trivedi, JB Pardiwala, Justice S Ravindra Bhat and Chief Justice of India Uday Umesh Lalit Ratio- 3:2 Majority  (Justice S Ravindra Bhat and CJI Uda..

Case- State of Maharashtra vs Dr. Maroti s/o Kashinath Pimpalkar [2022 LiveLaw (SC) 898] Bench- Justice Ajay Rastogi and Justice C.T. Ravikumar On Wednesday, the Supreme Court ruled that under the Protection of Children from Sexual Offenses (POC..

Case Name- Naveen vs State of Haryana [SLP(Crl) 3746 of 2022] Bench- Justices Ajay Rastogi and C.T. Ravikumar In this judgement the Supreme Court reaffirmed that the power granted to a court by Section 319 of the CrPC is an extraordinary and discretionary one that should only be ..