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LexForti Legal News Network

The managing director of a company is not held liable only because on the ground of Managing Director

Barathkumar K M | Sastra Deemed to be University Thanjavur | 11th June 2020 Shiv kumar jatia vs State of NCT of Delhi Facts: The appellant was a Managing Director…

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Types of Company Mergers

Saptaswara Chakraborty| North Eastern Hill University| 11th June 2020 Introduction With the increase in competition in the business world, the process of merger and acquisition has gained significant importance. The…

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Previous Year: Section 3 under the Income Tax Act

Shreya Srivastava|Symbiosis Law School, Hyderabad| 11th June 2020 Assessment Year Section 2(9) of the Act defines ‘assessment year’ as the twelve months starting from 1st April every year and ending…

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Corporate Governance: Introduction and Impact

Kalpana Borjha| Kalinga University| 11th June 2020   Introduction There are sets of rules and regulations to maintain transparency in the working of a corporation so that the management does not…

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Application to enlarge the number of laboratories that can undertake test for COVID-19 for both symptomatic and asymptomatic patients.

Abhinav Mishra| Kirit P. Mehta School of Law| 11th June 2020 Case: Rakesh Malhotra v. Government of National Capital Territory of Delhi and Ors. Introduction The applicant seeks to direct…

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Introduction to Public Financial Institution

Vijaya Malik| Lloyd Law College| 10th June 2020   Introduction Public financial institutions play a very vital role in our economy. It is also known as lending institutions and development banks.…

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AUDITOR: APPOINTMENT, ROLE, AND REMOVAL UNDER COMPANIES ACT 2013

Kalpana Borjha| Kalinga University| 10th June 2020  Introduction Auditor is an authorized person who conducts a formal examination of accounts or financial situation of any individual or organization. An audit…

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What are Franchising Agreements?

Saptaswara Chakraborty| North Eastern Hill University| 10th June 2020 Introduction The title of this article in itself poses us with a very particular question: “What is  a franchising agreement?” To…

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Indirect Tax: An Introduction to GST

Shreya Shrivastava|Symbiosis Law School, Hyderabad| 10th June 2020 Introduction Indirect taxes are imposed on the retailer or producer who is an intermediary in the supply chain. But it is recovered…

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The exercise of judicial review power on President or Governor’s order should only be on the grounds incorporated in the Epuru Sudhakar case

Abhinav Mishra| Kirit P. Mehta School of Law| 10th June 2020 Case Name: Akshay Kumar Singh v. Union of India & Ors Introduction This writ petition primarily deals with the…

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Capital Contribution, Vesting and Profit Sharing

Kalpana Borjha| Kalinga University| 9th June 2020  Introduction In this article you will learn about Capital Contribution and its types; Vesting, types of vesting, how vesting works and what are…

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Tax Audit: Income Tax Act, 1961

Shreya Shrivastava|Symbiosis Law School, Hyderabad| 9th June 2020 Introduction In India there are various audits like cost audit, statutory or company audit as per company law, stock audit, income tax…

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Ten salient features of the Personal Data Protection Bill, 2018

Saptaswara Chakraborty| North Eastern Hill University| 9th June 2020    Introduction The world today that we live in is fast-paced, where data transfer is as normal as people travelling. These transferring…

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Which authority has the jurisdiction to adjudicate the claims of apportionment?

Abhinav Mishra| Kirit P. Mehta School of Law| 9th June 2020 Case Name: Pritam Singh & Ors. v. Union of India & Ors. Introduction The case primarily deals with whether…

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Applicability of Rule 84 of the M.P Finance Code Bill in cases where there is no clerical mistake.

Abhinav Mishra| Kirit P. Mehta School of Law| 7th June 2020  Case Name: Chintaman Masulkar v. State of M.P and 5 ors. Introduction The petitioner has filed a petition under…

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All about MSMED ACT, 2006

Kalpana Borjha| Kalinga University| 7th June 2020 Introduction Micro, Small and Medium Enterprises Development Act, 2006 has legislated and enacted on 16 June, 2006. MSMEs are (micro, small and medium)…

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Sources of Income Tax in India

Shreya Shrivastava|Symbiosis Law School, Hyderabad| 6th June 2020 Introduction We all know Taxes in India are divided into two parts: Direct tax and Indirect Tax.Income Tax is a type of…

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An overview of laws under the Media Sector

Saptaswara Chakraborty| North Eastern Hill University| 7th June 2020   Introduction Media is an important tool of communication in the present world. Communication for information and entertainment is done through the…

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Introduction to Security And Exchange Board Of India (SEBI)

Vijaya Malik| Lloyd Law College| 7th June 2020  Introduction To regulate the Indian stock market and protect investors from trading malpractices like price ragging and insider trading, etc, the Government…

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Supreme Court seeks response from Bihar and Uttar Pradesh on a PIL which alleges that 187 persons are in bonded Labour in Brick Kilns

Ukkash F | Sastra School of Law, Tamil Nadu | 6th June 2020 FACTS OF THE CASE The Supreme Court observed that District Magistrate, District Sambhal, Uttar Pradesh and the District…

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Kidnapping a Hineous Crime

Sejal Makkad | Amity Law School, Amity University Chhattisgarh | 6th June 2020 Vinod Kumar V State Of Haryana (Criminal Appeal No. 1401 0f 2008) Facts:  In this case, Vinod…

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Medical Oxygen and Nitrous Oxide are ‘drugs’ under the Drugs and Cosmetics Act 1940

Shaunak Choudhury | SVKM’s NMIMS Kirit P. Mehta School of Law | 6th June 2020 State of Andhra Pradesh v. M/s Linde India Ltd.  Facts The main issue of this case…

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transgender act

The Transgender Persons (Protection Of Rights) Act 2019 – A Critical Overview

This article is a critique on the The Transgender Persons (Protection of Rights) Act 2019, which has been authored by Daniyal Qureshi, student of Symbiosis Law School Pune Introduction On…

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Arrested Activists- Suppressing Voice of Freedom

Disha Agrawal | ICFAI Law School, Hyderabad | 6th June 2020 Romila Thapar V. Union of India Introduction Romila Thapar,a renowned historian and a social activist , with other four…

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Introduction to Benami Transaction

Shreya Shrivastava|Symbiosis Law School, Hyderabad| 6th June 2020 Introduction The word ‘Benami’ is a Persian origin word which means ‘without a name’. The traces of Benami transaction could be found…

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