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Solvency Margin And Insurance Companies

Insurance Companies are considered in the category of Financial Companies in India. Insurance industry involves public participation at large. General Public become policyholders /stakeholders in insurance companies. The are putting their hard-earned monies to secure their future from various types of risks. Insurance Development Regulato...

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Posted Under: Corporate Law |

RERA Updates for various states for December 2019

We bring to you our periodical update on RERA. This edition contains the following – 1. Circulars and Notifications issued by Karnataka RERA 2. Circulars, Notifications, Orders issued by Maha RERA 3. Circulars & Notifications with respect to quarterly updates, late fees for delay registration etc., as issued by AP RERA 4. Circul...

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Posted Under: Corporate Law |

RERA Bank Account Directions 2019 by Karnataka RERA

Karnataka RERA Updates This Circular is guidance to the stake holders (promoters, professionals, financial institution, Allottees etc) in relation to Designated bank account opening, operation with reference to Sec 4(2)(l)(D) of the RERA Act for a Real Estate Project. Circular No 8 – RERA/ADM/CR-116/2019-20 issued on 07-01-2020 called R...

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Posted Under: Corporate Law |

10 Advantages of starting a Business in India for a foreigner

India today is considered to be one of the major forces in the global economic market. Though India is a developing economy, its economy has a major impact on global trading. The majority of the world’s leading developed nations are keen to have or expand their ties with India. Thanks to its huge market base […]...

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Posted Under: Corporate Law |

Tour Operator licence

To operate the business of a Domestic Tour Operator in India, one should receive recognition from the Ministry of Tourism,  Government of India. The licence for tour operators will be granted based on the Inspection Report or on the Recommendations of a Committee consisting of concerned Regional Director and a member of ADTOI. The li...

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Posted Under: Corporate Law |

Concept of Will in India

A will or testament is a legal document by which a person, the testator, expresses their wishes as to how their property is to be distributed at death, and names one or more persons, the executor, to manage the estate until its final distribution. For the devolution of property not disposed of by will....

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Posted Under: Corporate Law |

Transfer of Property Through Trust

A trust is an arrangement by which the property of the author of the trust or settlor is transferred to another, the trustee, for the benefit of a third person, the beneficiary. In general terms, trusts fall into one of two categories, private trusts and public trusts. The India Trusts Act, 1882 (act) governs private […]...

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Posted Under: Corporate Law |

FAQs on LLP formation in India

There are many questions that might be arising while you want to register your LLP. Here we have made a compilation of the Most Frequently Asked questions. Q1) What is the full form of LLP? Ans. The full form of LLP is a Limited Liability Partnership. Q2) What is Limited Liability Partnership? Ans. LLP is an alternative […]...

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Posted Under: Corporate Law |

Analysis of IBC Amendments Act (Ordinance) 2019

Insolvency and Bankruptcy Code (Amendment) Ordinance, 2019– In this article Author has compiled Important Sections after the amendment. Text of Relevant Section of  Insolvency and Bankruptcy Code, 2016 amended or inserted vide IBC Amendments Act (Ordinance) 2019 is given below in Maroon Colour. Ordinance Date: 28.12.2019 Total Amen...

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Posted Under: Corporate Law |

Startup India – All you need to know

Prime Minister Narendra Modi started the Startup India Campaign in 2016 to boost entrepreneurship in India. The action plan aimed at financing for startups, simplifying the incorporation of startup process and grant of various tax exemptions and other benefits to startups. In line with this initiative, the government launched a policy f...

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Posted Under: Corporate Law |