Partnership Deed is the legal document drafted or created when two or more people join hands to run a business or carry on any assignment.. Dissolution of Partnership means bringing an end to the partnership or discontinuing the business under the said partnership firm. During dissolution all liabilities shall be settled by selling off assets …
Any transaction gets legal validity once it is executed on Stamp paper of proper value. Basically, to bring legal sanctity to any document, it shall be executed on legal stamp paper. However, all documents do not require stamp paper; some documents are exempted from it. The Indian Stamp Act does not provide any expiration date. …
What Is Rule 54 of the CCS Pension Rules? That the Rule of 54 is part of the Central Civil Services (Pension) Rules, 1972, designed to provide family pension to the dependents of a deceased government employee or pensioner. The rule mostly covers spouses, kids, dependent parents, and incapacitated siblings, but it contains unmarried, widowed, …
Police brutalities and violence have increased over the last few years and it reflects the loopholes in our administrative and judicial system. Police authorities have been abusing their powers in the name of duty. In India custodial death is not a new concept and it has continued since the Britisher’s era. Some laws which governs …
Specific Terms of employment are mentioned in the Agreement and employees are organised in the private sector and they are governed by various laws which will be mentioned in the Article. Various laws which govern the employment of private sector employees are; Payments of Bonus Act, Equal Remuneration Act, Payment of Gratuity Act, Employees Provident …
Arbitration and mediation are an alternate system of resolving disputes between parties. Judiciary is overburdened due to pendency of cases and to reduce the stress of Indian judiciary provisions of arbitration and mediation are made. Arbitration and Mediation appears similar to the layman but in actual fact there are a lot of differences. Mechanism: These …
As per sections 292 and 293 of the Indian Penal Code, it is illegal to commercialize, distribute, or sell, such obscene objects, further the amendment section 354 D was added that deals with the provision for stalking, after such horrifying gang rape incident of Nirbhaya case, after the incident of this case the amendment was …
Turning black money into white. Criminals tend to make a lot of money through money laundering. The processing of illegally earned criminal proceeds to hide their illicit sources. These criminals care little about honesty and ethical values. Thus, they carry out illegal activities that allow them to reap huge profits without endangering their sources. Money …
The parties to the wagering contracts must be of sound mind and should have attained the age of majority and we can also say that wager is a kind of bet or the gamble. What are the essentials of Wager? For further more information you can ask the free legal question, talk to lawyers or …
Indemnity is defined as the compensation that protects you from potential losses. It means the payment of money to a party who has lost money or goods or any other products. There are 2 parties involved in this, one party is “indemnifier” and the other party is “indemnity holder” Indemnity Contracts are very similar to …
