The primary objective of DRT is recovery of money from borrowers which is due to banks or any other financial institutions. Its power is restricted to settle cases of advances from borrowers by the banks regulated by RBI guidelines. Tribunals have recovery officers who emphasise speedy disposal of cases of recovery. Tribunals have vested powers …
The registration of private limited corporations in India is governed by the Companies Act of 2013. According to the Companies Act of 2013, a private corporation must consist of a minimum of 2 shareholders and a maximum of 200 members. Members and shareholders of a private limited company should bear the least amount of responsibility …
“The action of complying with a directive” or “the state of satisfying norms or standards” are the definitions of compliance. It is described as the process of ensuring that your business and staff adhere to all rules, regulations, standards, and ethical practices that are relevant to your organization and industry in the business sector. The …
In the judicial system, medical evidence is influenced by expert opinion. In this Article we will be discussing the admissibility of medical evidence and the nature of such admissibility. Those materials that bring proper and pertinent facts before the Court and with the aid of which the Court is convinced of these facts are defined …
When dealing with money recovery or contractual disputes, understanding the difference between a summary suit and an ordinary civil suit becomes crucial. Both procedures serve distinct purposes under the Code of Civil Procedure, 1908 (CPC), and selecting the right method can significantly impact the speed and outcome of legal proceedings. This article outlines the major …
Summary Suit vs Ordinary Suit: Key Differences, Procedure, and Legal Insights Read More »
Under the scheme of CPC 1908, a plaintiff who has instituted suit can take back the case till there is no intention to file a fresh case. However, the right to plaintiff in this regard is dependent on other factors when there is more than one plaintiff. It is the general rule that when the …
Generally we can say that defamation means or it requires a false publication without the consent of the alleged defamed person there must be the loss of reputation, thus defamation is the publication of the statement which harms the reputation of the person which makes everyone shun or let the society avoid him. Basically the …
Negotiable Instrument nowadays is used in day to day commercial matter and it is considered as one of the most convenient modes for the transfer of money, as there is the rapid growth in the development of banking sector thus cheques became one of the best Negotiable instrument, but there were certain drawbacks too many …
How many Cheques can be clubbed in one Complaint filed Under Section 138 of NI act? Read More »
Legal Notice means the formal communication to any entity or individual, informing other parties about the grievances faced because of them. Reply to Legal Notice: Legal Notice shall be replied within stipulated time, if not replied within stipulated time, sender may get the benefit of doubt. The following shall be taken care of: Legal Notice …
Defamatory statement is the false statement of the fact that has damaged the reputation of someone. There are few arguments that, if raised and proven by the defendant, can defeat a defamation claim. Defending in Defamation Case: It is not mandatory that every lawsuit of defamation will be successful. You can take no. of defences …
