For the development, the banking system plays a vital role in flourishing economy. Banks form a part of the tertiary sector of the economy and act as a backbone in the progress. At a stage, where a countries economy is at a developing stage, the banks have a direct relation with the performance of the economy. Failure of the banking sector may have adverse ...view complete article
Twenty-seven-year-old Poorna Sharma was on a roll. As a manager at a well-known MNC, she was the toast of her department. Clients and company bosses were pleased with her performance. There was no room for complaint. Soon it was time for yearly appraisals and forms were being filled by all employees. One afternoon she received a text message from her supervisor Amit, complimenting her on her office wear ...view complete article
Modern India is steadily becoming a melting pot of differing cultural and legal practices which are changing the social fabric, today. Arranged and love marriages are now increasingly giving way to marriages that are grounded in practicality with a futuristic outlook. This is why pre-nuptial agreements are increasing between couples who plan to spend their lives together. While the Central Government is wary about...view complete article
Owning a property is a matter of pride and achievement as it signifies the hard work that you have put in to acquire it. When you decide to transfer your property to a loved one, then the process involved is relatively smooth, provided your information, paperwork and documentation is in order.
But first, let us understand what is meant by transfer of property. Property can be classified as an immov...view complete article
Even as India is witnessing a start-up boom, most first-generation entrepreneurs are still grappling with the technicalities and realities of their businesses. The key challenges in this situation are scalability, delegation of responsibility and execution issues. With an economic upswing and innovation in businesses, it’s important for start-ups to safeguard assets and unique business practices with best In...view complete article
Even as modern Indian women are achieving new heights of success, the existing legal system needs an overhaul of the abortion law. These changes have to be in sync with the existing social fabric and medical advancement in the current scenario.
A scrutiny of the statistics reveals 3.6 million abortions done annually in India are medically unsafe. These form a significant chunk of a total of 6.4 million a...view complete article
While 40 lakh Delhi denizens and their livelihoods will be impacted by the Supreme Court’s recent decision to initiate a sealing drive, the city can expect major positive changes in the times to come. Not only will it ease off cloistered roads and reduce traffic snarls in the Capital, but ambient air and noise pollution are also expected to scale down.
Initiated in December 2017, the sealing ...view complete article
Article 21 of the Indian Constitution, 1950, guarantees the right to life to all persons within the territory of India and states: "No person shall be deprived of his right to life and personal liberty except according to procedure established by law." THE question is whether right to life also includes right to die too?
Supreme Court declared ...view complete article
Each company is required to file its annual financial statements and annual returns with the Registrar of Companies within a stipulated period and non-filing of such reports is an offence under the Companies Act, 2013. The ramification of such non-filing has recently been felt by lakhs of companies and directors across India where mass striking off of the companies has taken place and over 3 lakh directors have be...view complete article
The Ministry of Corporate Affairs identified lakhs of companies across India, which have not filed Annual financial statements and annual returns for over two years. The result of such identification was a series of notifications by way of which the Ministry notified such companies and then struck off their names from the Register of Companies. The move aimed at weeding out companies that have not been doing busin...view complete article