Articles

July 2, 2022

Asset Management Company (AMC)

IntroductionAn asset management company (AMC) is a firm that invests a joint fund on behalf of its customers. Capital is used to fund separate investments in various asset classes. Property management companies are often referred to as financial managers or financial management firms.Different Types of Asset Management CompaniesAsset management companies come in many different forms…

View details
Silent features of 42nd Constitutional amendment act

Statement of Objects and Reasons appended to the Constitution(Forty-fourth Amendment) Bill, 1976 (Bill No. 91 of 1976) which wasenacted as THE CONSTITUTION (Forty-second Amendment) Act, 1976. The Constitution of India offers basic guidelines and principles for the efficient functioning of our nation. It dictates the fundamental political principles, powers, and duties of the government and…

View details
Nominal Damages

Introduction Nominal damages are a frame of legitimate remuneration that are granted by the court when the offended party has the lawful right to get them but was not able to demonstrate a considerable loss. In other words, the offended party was able to demonstrate that the litigant committed a blame or an off-base but…

View details
Agency by Estoppel

In agency contract, the person acting as agent must be permitted to act on behalf of the principal. But where the agent is not authorized to represent the principal, still enters into contract with a third party and the principal is well aware about it, yet the third party believes him to be the agent…

View details