Certain legal provisions extended to the Special Economic Zones are exclusive and unique. For instance, Section 53 of the Special Economic Zones Act, 2005 deems it to be a territory outside that of India. It is treated as a foreign tariff zone as opposed to a domestic tariff zone, which comprise of all the areas [...]
Here is some heartening news for the cleanliness and environment conscious in our cities and villages!!! Whether a gutka user or not, have you been bothered by these little plastic pouches thrown along roads and lanes, around pan shops, and well, right in front of your office or home? These pouches are not quite as [...]
PREAMBLE OF INDIA WE, THE PEOPLE OF INDIA, having solemnly resolved to constitute India into a SOVEREIGN SOCIALIST SECULAR DEMOCRATIC REPUBLIC and to secure to all its citizens: JUSTICE, social, economic and political; LIBERTY of thought, expression, belief, faith and worship; EQUALITY of status and of opportunity; and to promote among them all FRATERNITY [...]
Where there is a dispute with a bank, earlier the only recourse was to approach the Consumer Forum. But with the Banking Ombudsman Scheme, 2006 [Hereinafter refered to as the Scheme] being brought into effect by the RBI, every Bank Customer has a choice either to approach the Consumer Forum or the Banking Ombudsman [Hereinafter [...]
In 1995, two Non-Resident Indians were granted a patent on “use of turmeric in wound healing” in the U.S. Now, in India we all know of the remedial properties of turmeric and as Indian children we have all gone through the sting of turmeric on our post-frolic wounds. On the basis of this well known [...]
MightyLaws.in is a student run multi-author Blog, created with the motive of simplifying the complex laws and explaining them to readers without legal jargon and ensuring a better understanding of legal do’s and don’ts among masses. With the same purpose Blog Post Writing Competition, 2011 is being organized. It has been sponsored by Westlaw India. [...]
When the relation between all the partners of the firm comes to an end, this is called dissolution of the firm. Section 39 of the Indian Partnership Act, provides that “the dissolution of the partnership between all the partners of a firm is called the dissolution of a firm.” It implies the complete break down [...]
Think about it… When will a girl move out and wander fearlessly? Why does a worried mother calls up her daughter if she is out after 7 in the evening? What is she afraid of? There’s a voice in the mind that murmurs, God save her. The real fear in her mind is- Rape. How [...]
A chit fund is a type of savings scheme practised in India, besides other forms of savings scheme offered by various public and private sector banks, post offices, insurance corporations etc. Chit Funds are indigenous financial institutions in India that cater to the financial needs of the low-income households, which have been excluded from the [...]
Article for Blog Post Writing Competition 2011 | by Sagnik Chatterjee
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