An appeal was filed against the High Court order in the case of Amar Nath v. Gian Chand & Ors, stating that the original Power of Attorney (POA) was necessary to be produced for the execution of a sale deed under Section 18 of the Registration Act, 1908.
Continue readingA Technology-Driven Approach to Achieving Compliance: SEBI ’s Operational Guidelines for Monitoring of Security and Covenants
SEBI (Security and Exchange Board of India) recently issued Operational Guidelines for its circular dated August 13th, 2021, on “Security and Covenant Monitoring using Distributed Ledger Technology”. This article examines the main highlights of the Operational Guidelines and their impact.
Continue readingThe role of IFSC in the Indian SPAC Dream
The IFSC (International Financial Services Centre) code, in India, was introduced by the government in April 2015, in Gujarat at the GIFT Multi Services Special Economic Zone (SEZ), its main purpose is to make India a hub for international financial services.
Continue readingCybercrime: How To File A Complaint Regarding Violation Of Cyber Laws?
As a result of the widespread use of the internet and its accompanying benefits, the concept of cybercrime has grown in scope. The Indian statute that deals with punishments related to such offences is the Information Technology Act of 2000, which was later revised to the IT Amendment Act of 2008.
Continue readingMutual Fund
A mutual fund is a company that pools money from several people and invests it in stocks, bonds, and short-term loans. A mutual fund’s portfolio consists of all of the fund’s investments. Mutual funds are purchased by investors. Each share reflects a fraction of an investor’s ownership and revenue in the fund.
Continue readingIndian Stamp Act Amendments 2020 – What Changes?
The Finance Bill of 2019 intended to streamline the stamp duty regime on financial securities transactions in India by amending the Stamp Act of 1899. These changes were important to facilitate ease of doing business in India.
Continue readingA Complete Guide on Real Estate Regulatory Authority Appellate Tribunal
The Real Estate (Regulation and Development) Act 2016 was enacted for the purpose of regulating and promoting the real estate sector ensuring that the sale of a property takes place in an efficient and smooth manner. The Real Estate Regulatory Authority is a body dedicated to the speedy resolution of real estate disputes.
Continue readingA Brief Understanding Of Foreign Investment In India
Foreign investment occurs when a corporation or an entity from one country invests in the assets or ownership holdings of a company or firm located in another country. Globalisation has accelerated the pace of foreign investment, encouraging large corporations and important individuals to expand and invest
Continue readingRole Of Micro-Loan In the Modern Financial Industry
Even if the procedure and terms of loan advances from banks and other financial institutions have been made more flexible in recent years, large segments of the population still lack the financial capacity to secure a traditional loan.
Continue readingTax shelter: Crime or Intelligence
Tax shelter can be understood as a method of reducing one’s taxable income as a way to reduce one’s taxes. It is a slick way of paying low taxes and still following the tax guidelines laid down by the government.
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