LAW Articles

All about Banking Regulations Act, 1949

Aarti Maurya 07 March 2022 at 08:35

Banks are vital to the prosperity and well-being of any society or country. Banks enable a society to create the platform for the satisfaction of wants of its people by managing and maintaining the flow of money to carry out transactions.

Amendments made by SEBI relating to related party transactions

Ramaswami Kalidas 17 February 2022 at 12:36

The law relating to Related Party Transactions(RPTs) got murkier and tougher under SEBI Regulations - An analysis of the Amendments made in recent times

SC: An insurer cannot repudiate a claim by citing an existing medical condition

FCS Deepak Pratap Singh 15 January 2022 at 18:14

The facts, in a nutshell, are that the appellant had sought an overseas mediclaim policy (hereinafter referred to as "medical policy") as he intended to travel to the United States of America ("USA") to attend the wedding of his sister-in-law's daughter.

Writ jurisdiction of high court against repudiation of life insurance claim

FCS Deepak Pratap Singh 03 January 2022 at 08:33

The Hight Courts and the Apex Court of India has given vide power of supervisory role and to hear and decide cases based on some specific criteria. These courts generally do not interfere the normal proceedings of Quasi-Judicial Authorities and Tribunals or other forums.

Key highlights of CA, CWA and CS (Amendment) Bill, 2021

Saurabh Hanumant Jadhav 30 December 2021 at 08:48

The government has put forward a bill in the parliament during the ongoing winter session with a key objective to curb misconduct in audit and accounting industry.

Assignment of Trademark

Tanuj Chandra Saxenaa 14 December 2021 at 10:42

Trademark Assignment is a written document that authorizes a registered proprietor/user of a trademark to assign/transfer the trademark and to give authorization for any consideration for such assignment.

Registration under Shop and Establishment Act

Tanuj Chandra Saxenaa 14 December 2021 at 09:36

Every State has its own Shop and Establishment Act ("Act"), However, the general provisions of the Act are the Same in all States. The Shop and Establishment Act is regulated by the Labour Department of the respective states.

How differently a violation of 19(2) of the Banking Regulation Act is treated by RBI - A case

Shivaprasad Chhatre 29 November 2021 at 09:41

Sub-section (2) of the Banking Regulation Act, 1949, says that no banking shall hold shares in any company, whether as pledgee, mortgagee, or absolute owner, of an amount exceeding 30 percent of the paid-up share capital of that company or thirty percent of its own paid-up share capital and reserves.

Rule of Contra Proferentum under insurance

FCS Deepak Pratap Singh 29 November 2021 at 09:41

An insurance contract (General Insurance) is a contract of indemnity and insurance company is liable to pay the loss occurred by the insured due to happening of insured risk/perils.

Step by Step Registration Process of ‘CS’ as a Trademark Agent in India

Tushar Pahade 26 November 2021 at 09:34

Trademark agents or attorneys are licensed verified professionals who offer comprehensive legal inquiries regarding trademark filings, registrations, and appeals.