There are nearly 138 million elderly persons in India in 2021, including 67 million men and 71 million women, according to the report by Bloomberg Quint. An increase of nearly 34 million elderly persons was seen in 2021 over the population census of 2011. This number is expected to increase by 56 million by 2031. […]
Senior Citizens- Issues- Problems and Remedies Read More »
AUCTION PURCHASE UNDER IBC AND DRT IN INDIA : “Law makes a clear distinction between a stranger (third party purchaser) and a decree-holder purchaser at a court auction. The strangers are protected for being neither a necessary or connected party to the suit/decree. The basic principle behind the said protection is that the court sales
Auction Purchase Under IBC and DRT in India Read More »
THE CONCEPT OF CORPORATE RESTRUCTURING : “Corporate restructuring is one of the mechanisms that can be waged to encounter the challenges and problems which confront business. The law should be slow to retard or impede the discretion of corporate enterprise to absorb the needs of changing times and to cater the demands of increasing competition.
CORPORATE RESTRUCTURING- MERGER AND POST-MERGER
COMPLIANCES Read More »
The judgment in the matter of Hyder Consulting was delivered by a three Judge bench and was a majority judgment. The majority decision disagreed with the judgment in S.L. Arora case. The majority held that the interest given under Section 31(7) of the Act will also apply to the interest pendente lite. They argued that
Award of Interest in Arbitration award in India Read More »
Introduction India is one of the fastest growing economies and experts are predicting that India has a huge economic potential to grow. Indian dynamics offers various business opportunities be it for domestic markets, where it has vast population and growing purchasing power; to providing offshore opportunities with availability of skilled talent pool, knowledge/R&D hub, cost
Doing business in India by Non Residents Read More »
With rapid changing world economy and increasing use of Internet, people’s lifestyle has changed and is still changing immensely. Further enhancement in technology and increased dependence on internet and internet based transactions appears to be the future. Most of the individuals living in this world have an access to internet irrespective of location whether living
E Contracts and E Commerce – Legal framework and Issues Read More »
“A will can save one’s family from being put into a quagmired pit of legal conundrum, in case of death (which may even be untimely).” ― Henrietta Newton Martin The year 2020-21 has been no less than a nightmare in the lives of all of us; Covid 19 has pushed many people to death. Many, without
Why everyone should make a “Will” Read More »
The Relationship of Hong Kong and India with regard to business arrangements from both sides are very long, Hong Kong Companies do business in India and vice versa. Hong Kong is Asia’s world city and door for business gateway to China and South East Asia Region. From the point of legal system both countries have
Foreign Arbitration, Hong Kong Awards and Enforcement in Indian Courts Read More »
For last many years Corporate Sector is facing problem with the long drawn litigation and illegitimate grounds taken by the Opposite party/defendants to drag the matter for years. The corporate sector has constantly been sending representations to the Government for working out the measures to curtail the time spent in litigation. The Government of India
Commercial Courts Act- Time bound filing of written statement Read More »
In 2019 Corona virus hit Indian Sub-continent. In March 2020 and again in 2021, one of the most sudden and stringent lockdowns in the world was imposed in India, without any clear-cut directives and prior announcement. The impact of this deadly Virus and lockdowns had been ruthless on various sections of the Indian population, such
Domestic Violence during Covid 19. “The furnace within four walls” Read More »
