Introduction How to register as a mutual fundSEBI guides the applicant step by step after receiving the application for registration as a mutual fund. Normally, all responses are sent within 21 working days from the date of receipt of each message from the applicant during the registration process. So the total registration time depends on…
PROTECTION OF CHILDREN FROM SEXUAL OFFENCES ACT, 2012. INTRODUCTION India has a wide range of laws to protect children and child protection is increasingly accepted as a core component of social development. The challenge is in implementing the laws due to inadequate human resource capacity on the ground and quality prevention and rehabilitation services. As…
A Constitution is a fundamental document of any country which sets down the principal functions of organs of the Government. The framework of the country, relations between the government and its citizens, the interjections between the government and its citizens, etc. are all listed strictly by this document. The principality of its existence is very…
THE СОNSTITUTIОN ОF INDIА (UNDER АRTIСLE 368 ОF РАRT XX) HАS given the роwers оf mаking аmendments tо itself tо the indiаn раrliаment. The рrосess is, hоwever, nоt thаt eаsy. It hаs mentiоned thаt the раrliаment саn сhаnge its рrосedures but саnnоt аmend thоse рrоvisiоns whiсh аre the bаsis оf the ‘bаsiс struсture’ оf the …
Hon’ble Justice Satish Chandra Sharma was born on 30th November 1961, in Madhya Pradesh’s Jabalpur. He completed his LLB degree with three university gold medals in 1984. He was also awarded National Merit Scholarship for Post Graduate Studies. His father, Dr. B N Sharma was an eminent academician who served as a professor at Jabalpur…
KYC or ‘Know Your Customer’ is systematic mechanism devised by the Government to try and bring a halt to the financial crimes as well as the illegal practise of money laundering under the Prevention of Money Laundering Act of 2002. It entails a mandatory procedure for the proper verification of the client/customer’s identity and their…
Money laundering can be appropriately described as an activity, deemed illegal as per the law of the land, which involves the intentional covering-up of the money and its forging, which has been obtained from illicit activities like corruption, trafficking of drugs, gambling, illegal trading, prostitution rings, sale of arms and weapons etc. The individuals involved…
Indian Constitution has evolved throughout the British rule decade after decade. The traces of British rule are first known to be as mere ‘traders’ in the 1600 under the rule of Mughal Emperor-Aurangzeb. Although the French, the Portuguese and the Dutch had also been competing with the English but the East Indian Company (EIC) by…
Intrоduсtiоn The stаtement оf сlаim аnd the stаtement оf defenсe аre the рrimаry filings оf the аrbitrаtiоn рrосeedings. The сlаimаnt submits а ‘stаtement оf сlаims’ (sос) befоre the аrbitrаl tribunаl. Thrоugh the sос, the сlаimаnt рrоvides the fасts suрроrting his сlаims, the роints оf issues, аnd the reliefs sоught. Оn the оther hаnd, the resроndent …
Money laundering undermines financial firms that are vital for economic progress, encourages fraud and terrorism that impede productivity expansion, and lowers productivity in the rest of the economy. The majority of international research is focused on the drug trade and terrorist groups which are mainly the two money-laundering industries. It is evident what happens when drug money…
