Extracts from Section 3 and Entry No. 5 in Schedule I to the Indian Stamp Act, 1899 are reproduced below for ready reference. (A) Entry No. 5 in Schedule I (Stamp Duty on Instruments) to the Indian Stamp Act, 1899 read as follows. 5. AGRE ..
An extract of section 58(f) and section 59 of the Transfer of Property Act, 1882 is reproduced below for ready reference. 58(f). Mortgage by deposit of title-deeds.Where a person in any of the following towns, namely, the towns of Calcutt ..
1.1 Honble Supreme Court in U.P. Avas Evam Vikas Parishad & Anr. Vs. Friends Coop. Housing Society Ltd. & Anr. (AIR 1996 SC 114; Date of Judgment 24/04/1995) held that Right to shelter is a fundamental right, which springs ..
Banking Regulation Act: Important Elements. In any country the major portion of monetary resources lies with banking institutions. They regulate the flow of money throughout the economy. Any economy needs these banking institutions to facilitate t ..
Whenever Companies appoint key managerial personnel, it makes sure that the exit route for him is made diffi ..
Prevention of Money Laundry Act 2002 A Synopsis Introduction Money laundering is beomcing a pervasive cocept may it be Developed country or Developing country. to curb this more and more countries now bringing suspicious transations unders the leag ..
Section 138 of the Negotiable Instruments Act, 1881 casts criminal liability punishable with imprisonment or f ..
THE COMPETITION ACT, 2002: IMPORTANT ELEMENTS. The economy of any country is always volatile. This is generally due to the dynamic nature of the constituent markets and their elements. The world is changing fast. India is also opening its economy ..
Though the object of SARFAESI Act, 2002 is very good aiming at reducing Non-Performing Assets (NPA), the Constitutional Courts had to interpret the provisions of the Act dealing with many complicated issues and keeping in view the in ..
As the shareholders of a Company can not meet so often to take decisions on day-to-day functions of the Company, directors are elected by the shareholders in accordance with the provisions of the Companies Act, 1956. Ultimate control over the dire ..