Month: September 2020

The Unlawful Activities (Prevention) Amendment Act, 2019 provides for putting travel ban on such individuals once they are declared as terrorists Unlawful Activities (Prevention) Act 1963 is an Indian law that is made to prevent unlawful activities associations in India. The main objective of it is to make powers available for dealing with activities directed

September 23, 2020 RBI appoints new administrator of PMC Bank; revival plans yet to come [ by Legal Era News Network ] Despite exploring various options for the resolution of Punjab and Maharashtra Co-operative (PMC) Bank, the Reserve Bank of India (RBI) is yet to come up with a plan for its revival. RBI has

Order IX of the Civil Procedure Code, 1908 or CPC deals with the appearance of plaintiff and defendant before a court and also highlights the consequences of non-appearance. This article shall analyse various provisions of Order IX and also explain the several consequences in case of non-appearance by the parties to a suit. I. Setting

The rapid rise of technology has changed everything in the business world. When it comes to payment systems, the digital revolution has completely re-shaped how we make transactions. Not too long ago, we used to rely on cash and checks for purchases, but now there are far more advanced payment methods, all of which are supported

September 23, 2020 SEBI bars 12 DHFL promoters from accessing securities for violating norms [ by Legal Era News Network ] Markets regulator SEBI on 22 September restrained twelve promoters of Dewan Housing Finance Ltd. (DHFL) from accessing securities market for violating market norms. Observing that the violations are very grave in nature and the

Be it dissent or a dissenting opinion, it is written or expressed by judges on expressing their disagreement in a certain legal case where the majority opinion of court leads to the final judgment. Also, this opinion cannot be referred to as a Legal Decision but a minority Report. An explicit disagreement by one or

I. Introduction – Essentials of a Valid Contract To form a valid contract, every contract must fulfil the ‘Essentials of a Valid Contract’. Section-10 of the Indian Contract Act,1872 specifies some conditions which need to be satisfied in the mandate to create a valid contract. A contract is defined under Section-2(h) of The Contract Act, 1872 means

When the constitutional machinery of a State of India fails to follow the adequate provisions mentioned as under Part XVIII of the constitution of India, and if the president has received a satisfactory report made by the Governor of that State on the  same then the former may issue a proclamation, assuming himself authorized to,

September 23, 2020 ‘Time to separate’: Shapoorji Pallonji Group to end ties with Tata Sons [ by Legal Era News Network ] Shapoorji Pallonji Group informed the Supreme Court that it would exit Tata Sons so as to end the long-standing and bitter dispute with the Tata group, provided an early, fair, and equitable solution

September 23, 2020 J. Sagar Associates assist the Lead Managers in the IPO of Route Mobile Limited [ by Legal Era News Network ] J. Sagar Associates (JSA) advised ICICI Securities Limited, Axis Capital Limited,  Edelweiss Financial Services Limited and IDBI Capital Markets & Securities Limited (together the “BRLMs”) in relation to the recently concluded