A multinational company (MNC) is a corporate organization that owns or controls the production of goods or services in at least one country other than its home country. Black’s Law Dictionary suggests that a company or group should be considered a multinational corporation if it derives 25% or more of its revenue from out-of-home-country operations. A multinational corporation can also be referred to…
1. Sexual harrasment is a violation of human. According to Nimbus poll, 47percent of ladies feel the highest issue at work is molestation and fifty one p.c of male colleagues have moon-faced molestation in a technique or another. 2. It’s a legal demand:Have associate degree anti-sexual Harassment policy with a transparent definition of molestation and…
Can a government college be recognised as the State under the Companies Act? This is a main contention that was raised, especially in cases of discriminatory practices that are alleged to have happened in these colleges. In such cases can the college be tried under Article 14? These are a few questions that arise when…
A multinational corporation (MNC) has facilities and other assets in at least one country other than its home country. A multinational company generally has offices and/or factories in different countries and a centralized head office where they coordinate global management. Some of these companies, also known as international, stateless, or transnational corporate organizations, may have…
Presumptions in Statutory Interpretation Introduction: The word ‘Interpretation’ is derived from the Latin term ‘interpretari’ which means to explain or expound or to understand or translate. Interpretation is a process through which one arrives at the true and correct intention of the law-making body which is laid in the form of statutes. This helps in…
The Foreign Exchange Management Act (FEMA) was introduced by the Indian Government in 1999, replacing the previous Foreign Exchange Regulation Act (FERA) of 1973. FEMA was designed to boost external payments and foreign trades. FEMA is a civil law against FERA which was a draconian police law. In essence, FEMA was a modernization of the Indian economy…
Foreign direct investment (FDI) is when a company takes controlling ownership in a business entity in another country. With FDI, foreign companies are directly involved with day-to-day operations in the other country. This means they aren’t just bringing money with them, but also knowledge, skills, and technology. Generally, FDI takes place when an investor establishes…
INTRODUCTION Information is the way in which information is used and managed. It’s an important practice which seeks to limit the risks involved in the management of data and ensure compliance. Good information governance begins with an examination into how information is gathered and how data is kept, both digitally and on paper. Information governance…
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…
Prospectus 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…
