A recovery method for creditors is the Corporate Insolvency Settlement Process (herein after CIRP). After making an application submission, CIRP is initiated. CIRP is the mechanism by which it is decided whether or not the person who has defaulted is capable of repayment. If an entity is not able to repay the loan, the business…
View detailsSubjects of international law are entities that have legal personality and are capable of exercising certain rights, privileges, and duties under the international legal system. Subjects of international law are entities that have legal personality and are considered necessary of the system and capable of enforcing claims. The subject of international law refers to the…
View detailsThe Constitution of India is the supreme law of the country and every citizen has to abide by the Constitution. The salient features of the Indian Constitution are as follows:- Lengthiest Constitution of the World The Constitution of India is the lengthiest and most detailed written Constitution of the world. The Indian Constitution consists of…
View detailsINTRODUCTION The current scenario and historical background of feminism, which includes social and political movements, has to do with gender inequalities and women’s equality. The fundamental importance of feminism would be a goal to justify gender equality and the protection of women from domestic violence. Abuse, rape, harassment and other crimes committed in the name…
View detailsIntroduction The word ethics is derived from the Greek word ‘ethos(character) and from the Latin word ‘mores’ (customs). Together they combine to define how individuals choose to interact with one another. In philosophy, ethics defines what is good for the individual and for society and establishes the nature of duties that people owe to themselves…
View detailsIntroduction Directive Principles of State Policy (also referred as DPSP in short) are enumerated in Part IV of the Constitution from Articles 36 to 51. The concept of Directive Principles is not indigenous to India and was borrowed from Article 45 of the Irish Constitution (it had borrowed from the Spanish Constitution) by the framers…
View detailsProspectus is any document by which a company invites the applications for the issue of its shares or debentures. As per the Companies Act, a prospectus is any document described or issued as such and also includes red herring prospectus referred to in Section 32 or a shelf prospectus referred in Section 31 or any…
View detailsPublic expenditure is spending made by the government of a country on collective needs and wants such as pension, provision, infrastructure, etc. Until the 19th century, public expenditure was limited as laissez faire philosophies believed that money left in private hands could bring better returns. In the 20th century, John Maynard Keynes argued the role…
View detailsINTRODUCTION The Prime Minister of India delivered a keynote address at United Nations Convention to Combat Desertification (UNCCD) on Desertification, Land degradation and Drought via Video Conference. At the summit on June, 2021, Our Prime Minister, Mr. Modi said that India is on track to achieve its national commitment of Land degradation neutrality. He further…
View detailsPREAMBLE WE, THE PEOPLE OF INDIA, having solemnly resolved to constitute India into a SOVEREIGN SOCIALIST SECULAR DEMOCRATIC REPUBLIC and to secure to all its citizens: JUSTICE, social, economic and political; LIBERTY of thought, expression, belief, faith and worship; EQUALITY of status and of opportunity; and to promote among them all FRATERNITY assuring the dignity of the individual and the unity…
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