The loan or debt which was borrowed by the financial institution or departments needs to be repaid and if not paid by the borrower then the lender may follow the legal mechanism to recover the amount which he/she had lent. Now, let us understand what is Debt Recovery. What is Debt Recovery? The debt recovery …
Trademark is a symbol or mark used to define or segregate one business from the other business. Trademarks can be owned either by an individual or by any legal entity. It is basically the protection of your brand from other similar kinds of business. Costs: Registering Trademark involves hefty costs and lengthy procedures. Cost is …
Recovery suit or Ordinary Suit is a civil remedy under Order 4 of Civil Procedure Code 1908, instituted for recovery of money. Money can be recovered by way of institution of a suit in the court. Order 4 of CPC reads as follows – Jurisdiction: A suit can be instituted where: After territorial jurisdiction the …
The suit for recovery of money is said to be a legal remedy that a person uses to collect money from the defaulter and this lawsuit is filed under the order IV of the CPC and this suit is said to be similar as summary suit. Order 37 of the civil procedure code is the …
When you have transferred the right to enjoy an immovable property to another person for a specific period of time in consideration of specific value, which is either to be given periodically or on specific dates by the tenant to the landlord, it is called a lease. After a lease agreement, a tenancy comes into …
As per the rules of GST it is merely important for a business whose turnover is above 40 lakh the GST registration applies to all the individual or the business who supply goods or services in India, now a days the GST registration process has been made a easy process by the Ministry of Finance, …
The HR team handles a variety of compliance issues related to the employees from recruiting them to their retirement. HR managers have an important role to play in shaping how a company grows. Though it may not seem so, law has an important role in what a HR team does. Say for example, hiring is …
The Police have the legal obligation to safeguard the rights of the public and also protect the rights of every citizen.The police officials possess powers, but such powers are often used to evade the legal and moral rights by committing an illegal act. In recent days as there is rapid growth in technologies and use …
Can anyone record the video of an On-duty Police Officer? Read More »
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. …
