The prosecution or the imposition of a fine under this Chapter in respect of any instrument shall not preclude the prosecution of any person who appears to have committed an offense under the Stamp Act in respect of that instrument Provided that no such prosecution will be instituted in the case of any instrument for…
Any Investment plan has its advantages, whether short-term or long-term. Investors often look forward to investing in Mutual Funds as a result of risk management. Needless to say, however, this investment also comes with some disadvantages. This article discusses the benefits and benefits of mutual funds. What is Mutual Fund? The Mutual Fund program is…
Introduction Power of Attorney (GPA) Exceptions in India and Related Penalties As a piece of fiscal legislation, the Indian Stamp Act of 1899 (2 of 1899) is used. The Government of India has an active law that governs the imposition of stamp duty on documents that record transactions. The sole intent of this Act is…
Introduction If any service fee is payable and is not properly sealed, which is not a payable instrument 1 [and not more than ten pledges or paise] or a letter of exchange or a letter of promise, it is displayed by any person at his or her request before the Collector within. Within one year…
According 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…
Introduction 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)…
STOCKS 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…
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…
Introduction Unliquidated damages are a sort of damages granted as a result of a contract breach. They vary from other forms of damages in that they are decided through court procedures and not foreordained in contracts. The most reason of unliquidated damages is that they empower a party enduring from a breach of contract to…
A syndicate is a self-organizing collection of people, businesses, corporations, or other entities created to conduct particular business or to pursue or advance a common interest. A syndicate is a team of people or businesses, according to the Merriam Webster Dictionary. This could be a council, body, group of people, or association of businesses that…
