MSME Act The fundamental purpose of the Micro Small and Medium Enterprises Development Act of 2006 is to “improve the competitiveness of micro, small, and medium enterprises by making their promotion and development easier.” The Act includes provisions for resolving…
“Privacy is not an option and it shouldn’t be the price we accept for just getting on the internet.”- Gary Kovacs Introduction In today’s world, where the internet connects every part of the globe, the corporate world has also managed…
Introduction The Negotiable Instruments Act of 1881 was enacted to protect the legitimacy of commercial transactions involving cheques. It also includes precautions to protect drawers of such instruments from potential dishonor. There have been several significant changes in the way…
Introduction Historically the concept of adverse possession identified with land being taken forcibly by feudal lords, barons and conquerors from the helpless who couldn’t ensure their right and title over those grounds. This was done in older times when one…
Introduction The maxim “qui prior Est tempore potior Est jure” which means “he who is earlier in time is stronger in law” applies in cases where there are two or more equitable interests. The courts’ have found it troublesome while…
Introduction The National Company Law Tribunal (NCLT), recently decided there existed an arbitrable dispute in the case of Indus Biotech Private Limited (‘Indus’/Corporate Debtor) v. Kotak India (Offshore) Fund & Ors. (‘Kotak’/Financial Creditor). Kotak held Optionally Convertible Redeemable Preference Shares…
Introductions The Central Administrative Tribunal [hereinafter CAT] was established to reduce the case load relating to service matters on high courts and Supreme Court. With the advent of Administrative Tribunal Act 1986 power was divided between the central and state…
Introduction Diversification and expansion are the areas which every company seeks to achieve. Accelerating growth and improving company’s performance is the primary goal of a company. In today’s world, a company in order to compete with the dynamic technological era,…
“In search of truth, he plays that sacred role of the sun, which eliminates the darkness of ignorance and illuminates the face of justice, encircled by devils of humanity and compassion”.[i] -Justice A.K. Sikri Witnesses are the eyes and ears…
Introduction “Discourage litigation, persuade your neighbours to compromise whenever you can point out to them how the normal winner is often a looser in fees, cost and time. As a peace maker, the lawyer has a superior opportunity of being…
