Banks are financial institutions that are engaged principally in the business of money lending and money borrowing. The customer base of the banking sector is very large and there is also a substantial risk involved in lending money. While the bank always has the option of taking legal action on the defaulting borrowers, it is […]
Dispute settlement or Dispute resolution is the process of resolving the disputes between the parties to a contract. The term dispute resolution is different from conflict resolution as the dispute resolution has ways to resolve guided by the dispute resolution techniques which helps in solving the disputes arose of the citizens, corporations as well as
The Code of Civil Procedure, 1908, is a procedural law in India that lays down the rules for how civil courts should function. It tells us how a civil case (non-criminal case) should be filed, heard, and decided.The Black’s Law Dictionary defines a Civil Procedure as “A body of law concerned with the methods, procedures
Professional Tax in Maharashtra is handled by the Maharashtra State Tax on Professions, Trades, Calling and Employment Act, 1975 which came into effect on 1st April 1975. As per this act, professional tax is applicable for both individuals and companies. Professional Tax in Maharashtra The state government imposes a professional tax on your earned income. As per
A residence certificate is mandatory to perform several significant legal procedures. The residence certificate act as proof that the person resides in the state. The document is mandatory for obtaining admission to educational institutions. Also to claim for ration card on its expiry, apply for a passport, and significant others. This article shares important information
The Tamil Nadu government introduced the Naan Mudhalvan programme in March 2022. It is a dedicated initiative to provide effective and comprehensive guidance to government school students on career development and higher education. The Tamil Nadu government further launched the Naan Mudhalvan Upskilling Platform to develop skills and provide dynamic information to college students on various courses and industry-specific skills. This programme assists Tamil Nadu students in getting
The financial sector has been one of the key handlers in India’s efforts to achieve success in rapidly developing its economy. The legal framework relating to commercial transactions was not in pace with the changing commercial practices and financial sector reforms. It slowed down the pace of recovery of defaulting loans and escalated levels of
A birth certificate is an official document that proves a person’s birth details like name, date of birth, place of birth, and parents’ names. In Delhi, it is issued by the Municipal Corporation of Delhi (MCD). Who Can Register Birth? In Delhi, a birth certificate can be obtained if the event of birth is registered
Product Listing is the process of displaying your products for sale on online marketplaces like Amazon and Flipkart. This includes entering all the product details that a customer would need to see before making a purchase. What’s Included in a Product Listing? Element Description Product Title Clear and keyword-rich name of the product Product Description
Diversification is a risk management technique that mitigates risk by allocating investments across different financial instruments, industries, and several other categories. The purpose of this technique is to maximize returns by investing in different areas that would yield higher and long term returns. Most experienced investors agree that, although it does not provide any guarantee