Before understanding stressed assets, it is important to first understand NPAs. In terms of Banking Regulations, NPAs result out of the non-payment of interest amount or principal amount for 90 days or more. So beyond that period, the assets are classified as Non-performing but the before the period of 90 days, they are known as…
Read MoreThe rationale behind allowing enforcement of foreign awards in India is to have minimal judicial intervention and therefore before arbitration and conciliation act, we had another law which was Foreign Awards (Recognition and Enforcement) Act, 1961 which governs the enforcement aspect and further provided for technical and procedural grounds invoking which the court can refuse…
Read MoreINTRODUCTION Anticipatory bail was first mentioned in the 41st law commission report, 1969 where the committee was of the opinion that there need to have a provision for protection of accused or any person who is apprehending arrest for an offence which is non-bailable in nature. Therefore, the parliament while enacting criminal procedure code, 1973…
Read MoreINTRODUCTION Arbitration is a process under which the parties resolve the disputes outside the courts where the parties agree to refer the dispute to one or more arbitrators appointed by them, either by mutual consent or with the help of courts, by whose decision they agreed to be bound. Not all disputes are arbitrable and…
Read MoreMarriage as a social establishment is perceived as a humanized social order where two people, fit for going into the union, have vowed themselves to the institutional standards and values and promised to one another an exceptionally strong attachment to support and keep up the marital commitment. In some specific conditions it has happened that…
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Today, men and women both are working in offices, factories and commercial establishments. Those days are now gone when women were confined to their houses and their number was less when it comes to working in places other than their houses.As more and more women are employed more and more cases of women harassment are…
Read MoreBy Yash Choudhary (ASC Solicitors and Advocates) The United States and India sight one another as significant strategic partners to advance common interests regionally and globally. Bilateral trade in goods and services is 2% of U.S. world trade, and has grown in recent years. The trade relationship is more ensuing for India; in 2017, the…
Read MoreBY YASH CHOUDHARY (ASC SOLICITORS & ADVOCATES) The blockchain technology is a disorderly technology, also called Distributed Ledger Technology (DLT). A blockchain is a distributed ledger in which information is accumulated in a authoritative and protected way using cryptography. A blockchain is a ‘trustless’ distributed ledger, ‘trustless’ because they do not require third-party verification, but…
Read MoreBy Yash Choudhary (ASC Solicitors and Advocate’s) Investment by Foreign Venture Capital Investors (FVCI), scheduled with SEBI under the provisions of Schedule 6 of the Principal Regulations. In order to promote liberalize and rationalize the investment system for FVCIs and to provide an incentive to foreign investor in the startups. The regulatory provisions has been…
Read MoreBy Yash Choudhary (ASC Solicitor’s & Advocate’s) Venture Capital is a type of rock sponsoring in which investment are made in the initial stage of business enterprises. It is investment in small start-up ventures, holding high risk and potential development in future. The Venture Capital Investors (VC) are commonly put their funds in new ideas,…
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