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In present facts of the case, the NATIONAL CONSUMER DISPUTES REDRESSAL COMMISSION NEW DELHI (NCDRC) observed that the sale proceeds of the seized vehicle by the Respondent would be calculated at the depreciation rate @ 40% of the actual invoice value of the Motor Vehicle.
Explore a sample LLP agreement’s vital elements and definitions. Understand importance of designated partners, contributions, and business scope.
Explore IBBI recent circular clarifying calculation of liquidators’ fees under Regulation 4(2)(b) of IBBI (Liquidation Process) Regulations, 2016.
In present facts of the case, the Hon’ble Supreme Court observed that in “exceptional circumstances” if a corporate debtor is an MSME, it is not necessary for promoters to compete with other resolution applicants to retain control of the corporate debtor.
Learn how to terminate a contract, the reasons for contract termination, and the legal implications involved in ending a contractual agreement
Check pass percentages and course completions for ICMAI Intermediate and Final examinations held in June 2023. Insights into candidates’ performance.
Delve into Medical Textiles Quality Control Order 2023 issued by Ministry of Textiles. Explore its implications, standards, and enforcement for medical textile products.
Learn about the Agro Textiles Quality Control Order 2023 issued by the Ministry of Textiles. Explore standards, enforcement, and its impact on the agro industry.
In present facts of the case, the Hon’ble Supreme Court observed that once the undue advantage i.e., any gratification whatever, other than the legal remuneration is proved to have been accepted by the accused, the Court is entitled to raise the presumption under Section 20 of the Prevention of Corruption Act, that he accepted the undue advantage as a motive or reward under Section 7, for performing or to cause performance of a public duty improperly or dishonestly.
In present facts of the case, the Hon’ble Supreme Court while upholding the validity of will held that (a) the testator signed the Will out of his own free Will, (b) at the time of execution he had a sound state of mind, (c) he was aware of the nature and effect thereof and (d) the Will was not executed under any suspicious circumstances.