An underwriter is a person or organisation in charge of determining and assuming the risk of another party. This assumes that the underwriter in question would receive payment for their services, which could come in the form of a commission, interest, premium, or spread. In a number of financial sectors, underwriters are essential. The trading…
View detailsAccording to Section 2(75), the term “Registrar” denotes a Registrar, Additional Registrar, Joint Registrar, Deputy Registrar, or Assistant Registrar. The primary responsibility of ROCs appointed under Section 396 of the Act is to register businesses that were incorporated in the aforementioned States and Union Territories. There are, however, a variety of other duties that the…
View detailsIntroduction From section 38 of the Constitution provides for the procedure for dealing with detained tools. Section 40 gives the Collector the power to certify as a properly sealed instrument and if the instrument is not properly stamped, it is empowered to collect the missing stamp fee and fine and issue a certificate. Collector (a)…
View detailsThe Constitution of India’s Fourteenth Amendment, officially known as The Constitution (Fourteenth Amendment) Act, 1962, made Pondicherry (now Puducherry) the ninth Union territory of India and granted Parliament the power to enact legislation creating legislatures and councils of ministers for the union territories of Himachal Pradesh, Manipur, Tripura, Goa, Daman and Diu, and Puducherry. When…
View detailsIntroduction The Indian Contract Act is one of the oldest mercantile laws of our country. This Act came into force on 1st September,1972. As we know, man is a social animal, he depends on the other human beings for living. So, from the very beginning itself, exchange of things were happening between two or more…
View detailsJustice Ranjan Gogoi is the first person from the Northeast to claim a top judicial position. President Ram Nath Kovind appointed Justice Ranjan Gogoi as its 46th Chief Justice of India. Justice Gogoi is Born on November 18, 1954, Justice Gogoi completed his primary education at Don Bosco School Dibrugarh before pursuing history at Delhi…
View detailsArticle 1 of the Indian Constitution defines ‘India, that is Bharat’ as a ‘Union of States’. Article 3 gives authority to the Parliament to establish new states by reorganising an existing larger state, change it’s name or status from being a Union Territory to a State. Generally, prior recommendation of the President is needed to…
View detailsSTOCKS Stocks that may particularly represented as a type of security purposes that gives out a share of leadership in one’s company. It may also refer as “Equities”. In this, stocks may differentiate into four categories, namely. Growth, Dividend yield, public offering and Defensive Stocks. All categories have it own functionalities. There were various industries that stocks were categorized…
View detailsIntroduction Sections 3 and 4 of the Indian Patents Act, 1970 specifically state exclusions to what can be patented in India. Our previous blog post has comprehensively explained what cannot be patented in India. That brings us to the question; what can be patented in India? At the outset, it has to be mentioned that the…
View detailsINTRODUCTION The Makers of Law of crimes to differentiate the simple hurt and actual physical hurt caused which very sever, therefore we have grievous hurt as hurt those are special. MEANING A serious hurt caused is called grievous hurt, this hurt has no normal usage so lets just jump to the grievous hurt according to…
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