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Things NRIs should know about buying a property in India
Things NRIs should know about buying a property in India

The real-estate sector in India is booming and investing in the same is a profitable venture being explored by the NRIs as well. But, there

Insolvency and Bankruptcy
Insolvency and Bankruptcy

Insolvency and bankruptcy are concepts related to a business or a person who is unable to repay outstanding debts. The process of Bankruptcy

Corporate Governance
Corporate Governance

Corporate governance is the system of rules, practices, and processes by which a company is directed and controlled. It is a fair, efficient

Sample Notice Format U/S138 of the Negotiable Instruments Act
Sample Notice Format U/S138 of the Negotiable Instruments Act

A notice served under Section 138 of the Negotiable Instruments Act should be issued within one month of the bounce of the cheque is sent t

Where Does India Stand on Foreign Direct Investment?
Where Does India Stand on Foreign Direct Investment?

Overview: The advent of globalization manifested the ushering of Foreign Direct Investment (FDI) inflows during the past decade in developin

Article on E-commerce Laws in India
Article on E-commerce Laws in India

Overview The E-commerce sector in present days is witnessing an unprecedented rise, wherein the online buyers are no more limited to the you

Municipalities

Municipalities This concept of municipal governance in India is not a modern concept, it was quite developed in medieval times, in 1666 firs

Interpretation Of Statutes

The interpretation of laws is the primary function of the courts of law. In course of time, courts have evolved a large and elaborate body o

Article on bill of exchange under Banking Law

OVERVIEW Bill of exchange is a type of negotiable instrument in which a written, unconditional order made by one party (drawer) is transferr

Land Acquisition

Land Acquisition Land acquisition refers to the process by which union or state govt. in India acquires private land for the purpose of indu

Mortgage In Banking

A mortgage is a legal agreement according to which an authority lends money at an interest in exchange for taking title of the debtor’

E-Banking

INTRODUCTION E-banking is a banking system which offers many services to their customers which includes accepting money, providing various b

Cheque Bounce/ Dishonour u/s 138

Cheque Bounce/ Dishonour u/s 138 of Negotiable Instruments Act, 1881. This article holistically informs about Cheque Bounce/ Dishonour u/s 1

Bill Of Exchange

Overview Bill of exchange is a type of negotiable instrument in which a written, unconditional order made by one party (drawer) is transferr

Sarfaesi

SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT, 2002 The Sarfaesi Act, 2002 basically was de

Nationalisation Of Banks

MEANING Nationalisation is a process whereby the national government takes over the private assets into public ownership by an Act or an ord

Promissory Note

Promissory Note is the written note made by the payer which contains the promise to pay a certain amount of money on a specified date or on

The World Bank Group

The WORLD BANK GROUP is an association comprising of five of the world’s largest loan granting international organizations. The group is a

Old Thorns Prick More

Finally with publication of 248th interim report dated 12th September 2014, of 20th Law Commission, the pruning of anarchic obsolete laws is


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  • Amendment to the Negotiable Instrument Act passed

    Amendment to the Neg ...

    On 26th July 2018, the Parliament passed a bill to amend the ‘Negotiable Instrument Act’ which aims at allowing a court to try offences related to cheque bounce expeditiously. The Minister of

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  • Banking Regulation A ...

    An Act to consolidate and amend the law relating to banking 1[***] WHEREAS it is expedient to consolidate and amend the law relating to banking 1[***]; It is hereby enacted as follows: – 1. Shor

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    Finance Act 2017 (Sc ...

    FINANCE ACT 2017 THE FIRST SCHEDULE [See section 2] PART I INCOME-TAX Paragraph A (I) In the case of every individual other than the individual referred to in items (II) and (III) of this Paragraph or

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    Finance Act 2017 (Se ...

    (Section 1 to 2)|(Section 3 to 30)|(Section 31 to 60)|(Section 61 to 90)|(Section 91 to 150)|(Section 151 to 170)|(Section 171 to 189) H.—AMENDMENTS TO THE COMPETITION ACT, 2002 AND THE COMPANIES AC

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    Finance Act 2017 (Se ...

    (Section 1 to 2)|(Section 3 to 30)|(Section 31 to 60)|(Section 61 to 90)|(Section 91 to 150)|(Section 151 to 170)|(Section 171 to 189) PART XI AMENDMENTS TO THE PAYMENT AND SETTLEMENT SYSTEMS ACT 2007

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    Finance Act 2017 (Se ...

    (Section 1 to 2)|(Section 3 to 30)|(Section 31 to 60)|(Section 61 to 90)|(Section 91 to 150)|(Section 151 to 170)|(Section 171 to 189) Amendment of section 17 91. In the Customs Act, in section 17, fo

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    Banking Service Comm ...

    No.44 of 1984 [ 2nd June 1984.] An Act to provide for the establishment of a Commission, for the recruitment and selection of officers for appointment to services and posts in public sector banks and

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