Maintenance and Alimony – Rights of Spouses May 22, 2026 Marriage isn’t just about love and companionship it also brings real legal responsibilities for both partners. When things fall apart, money becomes a major worry, especially if one spouse depends on the other. Indian law steps in here, offering maintenance and alimony so the dependent […]
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Remedies Available to Minority Shareholders in India May 22, 2026 The position of minority shareholders is significant in the governance of corporations. However, they sometimes face difficulties when the majority shareholders or the management exploit their power. In this regard, the Indian government has come up with various provisions to ensure fairness, transparency, and accountability
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Rights of Legal Heirs in Hindu, Muslim, and Christian Law May 22, 2026 Inheritance isn’t just a legal topic in India it’s at the heart of many family stories, full of emotion and sometimes conflict. When someone passes away, their property and assets don’t just vanish; the law steps in to decide who gets what.
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Common FEMA Violations by Foreign Companies May 22, 2026 If you’re running a foreign company in India, you can’t really ignore India’s foreign exchange laws they’re strict, and not following them can land you in some serious trouble. The Foreign Exchange Management Act, or FEMA, has been calling the shots since 1999. It covers everything
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Difference Between LLP and Private Limited Company May 22, 2026 Selecting the appropriate type of business organization can be one of the crucial decisions that an entrepreneur or start-up makes. In India, the two most common types of business organizations are the Limited Liability Partnership and the Private Limited Company. Despite both having limited
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Liquidation Process Under IBC May 22, 2026 Liquidation is the last resort under the Insolvency and Bankruptcy regime, wherein the assets of an insolvent entity are liquidated to pay off creditors in cases where revival efforts have not been successful. The Insolvency and Bankruptcy Code, 2016 (IBC) offers a systematic approach to asset liquidation and
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Case Studies on Landmark IBC Judgments May 22, 2026 The Insolvency and Bankruptcy Code, 2016 (IBC) has been a revolution in India’s approach to insolvency cases, with the introduction of a time-bound and creditor-led process. With each passing day, courts have interpreted IBC in varied cases and set out some important principles in this regard.
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How to Draft an Effective Loan Agreement to Avoid Defaults May 22, 2026 Loan agreement is among the most important documents in finance. Whether it involves private individuals, business entities, or financial firms, a loan agreement that is well-written will help avoid misunderstandings, ensure prompt repayments, and protect both the lender and the borrower from
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Difference Between DRT and NCLT Proceedings May 22, 2026 Considering that there has been an increase in financial disputes, loan default cases, and insolvency cases in India, there are two tribunals which have come into existence. The first one is the Debt Recovery Tribunal (DRT), while the second one is the National Company Law Tribunal
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Penalties for FEMA Non-Compliance May 22, 2026 All foreign exchange deals within India are managed through the Foreign Exchange Management Act, 1999 (FEMA). Whereas, FEMA streamlines external trade and payments, there are severe compliance rules that apply to all individuals, corporations, and banks. A breach of the provisions of FEMA can be punished with
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