INTER STATE TRADE AND COMMERCE Introduction Significance of Inter-State Trade and Commerce: An “thruway business” is any trade, business, transportation, or correspondence between a couple of States or between any new country and one State, or between any State and its own locale or new ships. A clear discussion of between state trade and exchange…
Introduction On July 1st, 1882, the Transfer of Property Act went into effect. The country’s property transfers are governed by this law. Regarding the components and terms of a transfer, it provides particular provisions. This act’s main goal is to clarify and update the legislation governing the transfer of property via the actions of parties…
Introduction The Transfer of Property Act went into effect on July 1st, 1882. In line with the rules controlling its descent upon death, it regulates the laws regulating the transfer of property amongst persons who are still alive. It also completes the real estate section of the code of contract law. This Act does not…
Merchant Banker “Any person who is engaged in the business of issue management either by making arrangements regarding selling, buying or subscribing to securities as manager-consultant, advisor or rendering corporate advisory services in relation to such issue management” -SEBI Merchant Bankers rules 1992 Scope of merchant bankers: FI would require the services of Merchant bankers…
Introduction to Merchant Banking Merchant banking is a professional service provided by the merchant banks to their customers considering their financial needs, for adequate consideration in the form of fee. Merchant banks are banks that conduct fundraising, financial advising and loan services to large corporations. These banks are experts in international trade, which makes them…
Syndicate members are commercial or investment banks, usually registered with market regulator, Sebi in India, or registered as brokers with stock exchanges, responsible for underwriting IPOs. They work as intermediaries between the issuer company and investors who bid for IPO stocks. Investors submit their bids via Syndicate Members appointed by the issuer company. They are…
INTRODUCTION- The Act of 2003 amended the Constitution, and the government has made significant modifications to Article 270. It was created to allow Parliament to define legislative guidelines for determining the Central Government’s modalities of levying the service tax and collecting the proceeds jointly by the Central Government and State Governments. The Empowered Committee of…
The Registrar of Companies ( ROC ) is an office under the Ministry of Corporate Affairs (MCA), which is the body that deals with the administration of companies and Limited Liability Partnerships (LLPs) in India. At present, Registrar of Companies (ROCs) are operating in all the major states/UT’s. However, states like Tamil Nadu and Maharashtra,…
Underwriting is a common practice used in the commercial, insurance and investment banking industries. An underwriter typically works for mortgage, loan, insurance or investment companies. During the underwriting process, they do everything from evaluate your health to assess your financial status. Based on their findings, underwriters help companies determine if they should take on an applicant’s…
INTRODUCTION MEANING Consumer is an individual or group of people who purchase or use goods and services for personal use. They are the end-users or final users of a purchased product or service in the sales distribution chain. For example: When we pay a hairdresser to cut and style our hair When we purchase a…
