BACKGROUND 1.1. RERA Act is a key legislation with the aim of ensuring transparency in the real estate sector from a foreign and domestic financial institutions perspective as well as to help protect the interest of home buyers. 1.2. RERA Read more…
(COMMERCIAL COURTS ACT) BACKGROUND 1.1. The Commercial Courts Act is an important legislation to expedite the justice delivery system with regard to commercial matters. The Commercial Courts Act would prevail over the existing High Courts Rules and other provisions of Read more…
TYPES OF ENTITIES A key aspect to be considered when starting a new business is to consider and adopt a legal entity format would be best suited depending upon, amongst various other factors, the nature of the business. The entity Read more…
BACKGROUND 1.1 A highly effective democratic regime, a well-developed administration, an independent judicial system, an educated, hard-working and skilled workforce, an ever-growing consumer base and low development costs, makes India a preferred emerging market destination for investment by multinational companies. Read more…
Background 1.1 The issue of applicability of capital gains tax on shares issued in the amalgamating company pursuant to amalgamation was the subject matter in CIT v. Nalwa Investment Ltd ITA [equivalent citation MANU/DE/1527/2020]. 1.2 Nalwa Investment Limited (NIL) held Read more…
Sexual harassment of women at workplace (Prevention, Prohibition and Redressal) ACT, 2013 (POSH Act) BACKGROUND 1.1 The POSH Act was enacted after 16 years of the Supreme Court judgment in the case of Vishaka & Ors. vs. State of Rajasthan Read more…