A Joint Venture (JV) is a business Endeavour in which two or more firms pool their resources in an effort to acquire a competitive advantage. Companies frequently form joint ventures to work on certain projects. The JV might consist of a totally new company with separate main business operations, or it could be a new…
View detailsARTICLE 72 OF THE INDIAN CONSTITUTION Under Article 72 of Indian Constitution, President has power to grant pardons, reprieves, respites or remissions of punishment or to suspend, remit or commute the sentence of any person convicted of any offence (1) by Court Martial; (2) an offence against any law relating to a matter to which…
View detailsWhat is FSSAI? The Food Safety and Standards Authority of India is a government-established authority under the Ministry of Health and Family Welfare in 2006 bearing the responsibility of protecting public health through supervision and regulations of food safety. Its registration is a mandatory process for any Indian company willing to start food businesses in…
View detailsZONAL COUNCIL The principal Prime Minister of India, Pandit Jawahar Lal Nehru, proposed making Zonal Councils in 1956 when he recommended that the States that were being proposed to be revamped might be assembled into four or five zones with an Advisory Council “to foster the propensity for agreeable working” among these States. At the…
View detailsIntroduction From the time of independence some states are having disputes for the water rivers . These issues or disputes between states arises because of low water levels and more usage because of more population .These disputes happen because India is a very populated country but has only 4% of renewable water resources which arises…
View detailsIntroduction Pandit Nehru, on the floor of Lok Sabha on 27th November 1963, said that Article 370 has been isolated and the course of picked crippling is going on. Following a year, the then Home Minister Gulzari Lal Nanda, again on the floor of Lok Sabha on 4 December 1964[1], said, Article 370 is a…
View detailsWHAT ARE GOODS? Term “Goods” has been defined in Section 2(7) of Sales of Goods Act to mean every kind of movable property such as the following: Stock and shares, Growing crops, Grass, Things attached to or forming part of land but agreed to be severed for the purpose of or under a contract of…
View detailsThe term “consumer rights” refers to a collection of laws that reflect the customer’s right to information about the amount, quality, purity, potency, price, and standards of goods in order to be shielded from various unfair business practises. Every citizen’s right to safety is upheld under the Consumer Bill of Rights. Under the 2019 Consumer…
View detailsTo help customers settle their complaints more quickly and easily, the Consumer Protection Act of 1986 was established. The Act explicitly provided the word “customer” extra rights and special safeguards for the first time. It is important to note that the Act’s intent is to protect all consumers, not just those in the traditional sense.…
View detailsThe Indian e-commerce market has been expanding steadily. The extraordinary COVID-19 epidemic and ensuing protracted statewide lockdowns have further expedited this. In these circumstances, online purchasing is not only practical but also essential. India will be the second-largest E-commerce market in the world by 2034, according to a research by the India Brand Equity Foundation,…
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