At the heart of competition law is consumer welfare and creating a marketplace where businesses compete fairly with each other. Competition in Indian markets and markets outside India, having an appreciable adverse effect on competition in India, is governed by the Competition Act, 2002 (“Act”). Agreements among competitors have always been the most pernicious of […]
Learn the basics of insider trading and understand the SEBI (Prohibition of Insider Trading) Regulations, 2015. Get insights into who is considered an insider and what qualifies as unpublished price sensitive information.
The jurisdiction of a court determines the subject matter of the proceedings before it and interim reliefs are granted to protect such subject matter. To answer whether a testamentary court has the power to grant interim relief, it would be necessary to understand the jurisdiction of a testamentary court and the subject matter of proceedings […]
The primary question sought to be dealt with in this article is whether an unregistered gift pertaining to immovable property is a valid gift in the case of Mohammedans. To answer this, relevant provisions of the Transfer of Property Act, 1882, the Registration Act, 1908, Mohammedan Law and judgments of various courts have been examined […]
[The relevant sections of the applicable Acts have been mentioned in brackets] 1. What is nomination? Nomination is the naming of a person (or persons) by the owner in whom the owner is desirous of his share and interest in the flat being transferred on his death. [Section 30 of the Maharashtra Co-operative Societies Act, […]
Gift is the transfer of certain existing moveable or immoveable property made voluntarily and without consideration, by one person, called the donor, to another, called the donee, and accepted by or on behalf of the donee.
[*The relevant sections and statutes have been mentioned in brackets] Q.1 What is a power of attorney? Ans: Power of attorney includes any instrument empowering a specified person to act for and in the name of the person executing it. [Section 1A of The Powers of Attorney Act, 1882] By a power of attorney, one […]
What is a will? Will means the legal declaration of the intention of a testator with respect to his property which he desires to be carried into effect after his death. [S. 2(h)]