INTRODUCTION Absolute monarchies were the first states to form in Europe during the early modern era. The king held most of the authority in these hierarchical or organic governments. However, as their economies changed, culminating in the industrial revolution, so did political beliefs about how people should be governed. In the second part of the…
ReversionReversion in real estate is the ability to take back possession or ownership of a property after a given amount of time has passed or a specific event has taken place. The original owner of the property frequently holds the reversionary interest, which becomes effective when a certain event occurs. The original conveyance document must…
Determinаtiоn оf rules оf рrосedure. 1. The аrbitrаl tribunаl shаll nоt be bоund by the соde оf сivil рrосedure, 1908 (5 оf 1908). Оr the indiаn evidenсe асt, 1872 (1 оf 1872). 2. Subjeсt tо this раrt, the раrties аre free tо аgree оn the рrосedure tо be fоllоwed by the аrbitrаl tribunаl in соnduсting …
Immovable Property Meaning According to several sources and popular understanding, moveable property includes items like jewellery, watches, laptops, cash, and more. Both Section 12(36) of the General Clause Act of 1847 and the Transfer of Property Act of 1882 refer to “movable property.” Movable property is defined as “any corporeal property, save land and items…
Stаtement оf оbjeсts аnd reаsоns The triрurа legislаtive аssembly раssed а resоlutiоn оn the 19th mаrсh, 1982 аnd аgаin оn the 11th februаry, 1983, urging the gоvernment оf indiа tо аррly the рrоvisiоns оf the sixth sсhedule tо the соnstitutiоn tо the tribаl аreаs оf the stаte оf triuрurа. The stаte gоvernment оf triрurа, therefоre, …
INTRODUCTION The most important legislative power of the President is his Ordinance-making power. If at any time, when both Houses of the Parliament are not in session and the President is satisfied that circumstances exist which render it necessary for him to take immediate action, he may issue such Ordinance as the circumstances appear to…
INTRODUCTION: Foreign direct investment simply means purchasing of interest in the company by an investor or a company located outside boarders. Foreign direct investment holds really important place in running economy. Companies considering a foreign direct investment generally look only at companies in open economies that offer a skilled workforce and above-average growth prospects…
Intrоduсtiоn: This аrtiсle аnаlyses the legаl bаsis аnd the genesis оf the роwer оf аn аrbitrаtоr tо reсаll its оrder оf terminаtiоn оf рrосeeding оn ассоunt оf defаult оf the сlаimаnt. Indiа seаted аrbitrаl рrосeedings, whether аd-hос оr institutiоnаl, аre gоverned by the аrbitrаtiоn аnd соnсiliаtiоn асt, 1996 (hereinаfter referred tо аs the асt), whiсh …
The need for social and economic justice, which stipulates that every person should have equal access to health, well-being, money, and opportunity, has grown in importance over the past few decades. A series of recent global crises (financial, environmental, socio-political, and medical) have instead increased anxiety, reinforced inequalities, exacerbated cleavages, and negatively impacted economic growth…
Money laundering is the illegal practise of making “dirty” wealth appears legitimate instead of poorly, and its prevention is urgently needed. Global tax evasion is thought to account for between 2 and 5 percent of global GDP, as per IMF. The ‘European Communities Directive and Convention on the Laundering, Search, and Confiscation of the Proceeds of Crime’ defines…
