Law is one of the oldest and most prestigious professions, offering a wide range of career paths. However, it also demands dedication, strong analytical skills, and years of study. Below is a comprehensive guide covering different aspects of the legal profession. 1. Types of Legal Careers A law degree opens doors to various career options. …
IN TODAYS COMPETATTIVE WORLD IS LAW A GOOD PROFESSION ? Read More »
The Delhi High Court has ruled that levying a mandatory service charge in restaurants and hotels constitutes an unfair trade practice. The court emphasized that such charges cannot be imposed without the consumer’s consent, asserting that service charges or tips are voluntary and cannot be made obligatory. Previously, the Central Consumer Protection Authority (CCPA) …
Delhi High Court Rules Service Charge Cannot Be Mandatory on Food Bills Read More »
The controversy surrounding Delhi High Court Justice Yashwant Varma has intensified following the discovery of partially burnt currency notes at his official residence after a fire on March 14, 2025. This incident has prompted a comprehensive investigation and reignited scrutiny over Justice Varma’s past financial dealings. In-House Inquiry Initiated In response to the cash discovery, …
Justice Yashwant Varma Case: A Turning Point for Indian Judiciary? Read More »
Himachal Pradesh National Law University (HPNLU), Shimla, is set to host its 2nd Convocation Ceremony on March 30, 2025, starting at 11:00 AM. The event will take place at the Himachal Pradesh Judicial Academy in Shimla. During the ceremony, degrees will be conferred upon 451 graduates from various programs, including: Of these, 327 graduates are …
HPNLU Shimla to Hold 2nd Convocation Ceremony on March 30, 2025 Read More »
A posted cheque refers to a cheque that has been written and dated for a future date rather than the current date. It is also known as a post-dated cheque. The payee cannot cash or deposit the cheque until the specified future date. Remedies for Issues Related to a Posted Cheque 1. If the Cheque …
The criteria for Micro, Small, and Medium Enterprises (MSMEs) are defined by the Ministry of Micro, Small & Medium Enterprises in many countries. In India, for example, the MSME classification is based on investment in plant & machinery or equipment and annual turnover as per the MSME Act 2006 (updated in 2020). MSME Classification (India) …
Fraud Prevention & Identity Verification 2. Compliance with Global Regulations 3. Anti-Money Laundering (AML) Measures 4. Protection Against Terrorist Financing 5. Risk Assessment & Customer Due Diligence (CDD) 6. Secure Financial Transactions 7. Business Reputation & Customer Trust 8. Avoidance of Legal Penalties & Financial Losses 9. Better Credit Risk Management 10. Streamlined Customer Onboarding …
Section 138 of the Negotiable Instruments Act, 1881 deals with the dishonor of cheques due to insufficient funds or if the amount exceeds the arrangement made with the bank. If you are referring to “20% under Section 138”, you may be referring to interim compensation under Section 143A of the Act, which allows courts to …
20 % UNDER SECTION 138HOW TO USE NEGOTIABLE INSTRUMENT ACT Read More »
The Kerala High Court has provided further clarity on the applicability of the Prevention of Money Laundering Act, 2002 (PMLA), particularly concerning actions and property acquisitions that occurred prior to the Act’s enforcement. Attachment of Properties Acquired Before the Commission of Crime In a recent judgment, the Kerala High Court addressed whether properties acquired before …
A Tripartite Agreement (TPA) is a legal contract involving three parties that clarifies their respective roles, obligations, and rights in a real estate or land transaction. It is commonly used in cases where a financial institution is financing a property purchase from a developer. Purpose of a Tripartite Agreement The primary objective of a Tripartite …