When it comes to the word Labour, construction workers, manual heavy labour comes to mind however in Indian law the term labour is not limited to it. It does not only mean the construction worker etc., labour includes a very vast variety of people working for any individual, company, firm or organisation. Labour and employees […]
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Corporate Law is also known and often called as Business law, Enterprise Law or Company law. Corporate law regulates the formation of Corporations and companies and their functions, duties, Law. Corporate law is meant for making the business easier. In corporate law, a person has limited liabilities, it can be understood with this example that
Introduction to Arbitration as an Alternative Dispute Resolution Arbitration is a sort of Alternative Dispute Resolution. Alternative Dispute Resolution methods enjoy significant pros such as lower costs, higher confidentiality, greater flexibility of process, greater likelihood of settlement, choice of forum, choice of solutions etc. Having said that one among the foremost popular widely recognised and
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Insurance and banking are two important pillars of the Indian economy. Insurance law and banking law are two critical areas of the legal system in India that help regulate and govern the functioning of insurance companies and banks. These laws play a crucial role in maintaining the stability and efficiency of the financial system in
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Loan helps the person in supporting that person, his family, firm, company’s rise and fulfilling its desire and need. But in case of default of any EMI, the Bank or Loan Provider takes coercive action and does not consider the situation of the debtor and even does not consider the past good record of the
As per the law it was held by the Apex Court to refrain from unnecessary litigation in the court there should be Medication and Conciliation between parties in regards to the compoundable offence and the civil disputes. It is often noted and seen that there are various unwanted and unnecessary litigation in regards to the
With the evolution of civilization of men, the actions of negligence became an actionable error. In English law, a person or legal associate of the deceased who has died due to the negligent action of others may recoup damages under tortious law in addition to initiating criminal proceedings. Consequently, the carrying on of negligence by
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The history of the Indian Company Law started with the Joint Stock Companies Act,1850. Thereafter, a process that is cumulative of amendment and consolidation brought us to the comprehensive and complicated piece of legislation, the Companies Act, 1956. The Companies Act, 2013 has replaced the Companies Act, 1956 to date. The Act that is brand
