Recent Updates

Acceptance of a conditional offer with a further condition does not resulted in a concluded contract- Supreme Court
Recent Updates

Acceptance of a conditional offer with a further condition does not resulted in a concluded contract- Supreme Court

On 5th January 2021 a bench comprising of Justice Navin Sinha and Justice Indira Banerjee observe that when the acceptor puts in a new condition while accepting the contract already sign by the proposer, the contract is not complete until the proposer accepts that condition, while setting aside the a judgment of High Court. Noticing […]

Dishonor of Cheque
Recent Updates

Dishonor of Cheque

In the wake of the recent global outbreak of the novel pandemic coronavirus (Covid-19) and its impact in India. It is evident from the economic situation. That businesses and various other commercial ventures have incurred several losses, both economic and otherwise.  One of the many efforts of the government to curb this situation is the […]

Building-Contract-Basics-2-1024x535, Buildings Contracts, RECENT MODIFICATIONS IN CONSTRUCTION SECTOR
Recent Updates

Recent Modifications in Construction Sector

Building Contracts According to data and analytics company GlobalData. The Indian construction industry already been showing signs of weakening before the outbreak of Covid-19. The residential market was struggling due to rising unemployment. A liquidity crunch in the non-bank financial sector, and a decline in new residential projects launched across major cities. The situation expected […]

Release Deed, Lease Agreements
Recent Updates

Lease Agreements

Chartered Accountant’s apex body ICAI has amended Ind-AS 116. Which will be useful for lessees having a large number of lease while accounting for COVID-19 related rent. Concessions such as rent waiver and temporary rent reductions. The amend Ind-AS 116 can also applied by lessees that have not yet approved the financial statements. For the […]

Release And Noc For Property Transaction, RECENT DEVELOPMENTS IN RENT SECTOR
Recent Updates

Recent Developments in Rent Sector

1.  Model Tenancy Act, 2019 The new tenancy Act describes the rights and duties of the landowner and the tenant in a detailed manner. The landlord can file for recovery of possession of the premises in the Rent Court. If the tenant has not paid the rent, and is unwilling to evacuate the premises. Then […]

mortgage, RECENT DEVELOPMENTS IN MORTGAGE LAW
Recent Updates

Recent Developments in Mortgage Law

In 2019, the Parliament has passed the Transfer and Mortgage of Property (Amending) (No. 4) Law of 2019 (the “Amending Law of 2019“) with 27 votes in favour of the proposed amendments and 23 against, however, the President of the Republic of Cyprus has referred the Amending Law of 2019 to the Supreme Court in […]

Maintenance of Wife Under Personal Laws, Divorce, Maintenance Under Crpc Chapter Ix, An Appeal against the Mutual consent Divorce
Recent Updates

Divorce

Divorce in India Divorce means a process that is legal or official to put an end to the marital relationship.  In India marriage is an institution that has religious values as well and hence putting an end to the same is not what suits the society. This in turn complicates the procedure for divorce, and […]

Matters Relating To Guardianship And Custody Of Children
Recent Updates

Child Custody

Recent Development on Child Custody Child Custody- “The children are neither to be treated as chattels; nor as mere play-things for their parents” said Delhi High Court. After the break down of marriage or separation of spouses, the children are always the most affected parties. Children are sensitive and their needs are the utmost priority […]

Domestic Violence In India: Reinterpreting The Meaning Of Shared Households
Recent Updates

Domestic Violence

Recent development on Domestic Violence Recently the Supreme Court in the case of Vineeta Sharma v. Rakesh Sharma[1] held that daughters have equal coparcenary rights. In the footprints of this judgment, came the judgement of Satish Chander Ahuja v. Sneha Ahuja[2], which secured the rights of women in general and particular;y in divorce cases. The judgement was pronounced on […]

Marriage Law in India
Recent Updates

Marriage in India

What is marriage? Marriage in India– As per Hindu view, marriage is a sacred relationship in some Hindu system of marriage there is no role of State as marriage is private affair with social realm in traditional reference marriage is undoubtedly the most important transaction point in a Hindu life and most important of all […]

Maintenance of Daughter under HAMA
Recent Updates

Maintenance

Maintenance of Daughter under HAMA A Supreme Court bench of Justices Ashok Bhushan, R. Subhash Reddy and M.R. Shah recently held, an unmarried Hindu daughter is entitle to claim maintenance from her father till the time she is married, given that she has to plead and prove that she is not able to maintain herself. […]

Senior Citizens Protection
Recent Updates

Senior Citizens Protection

Parents and grandparents who are not able to maintain themselves from their own income. Can ask for maintenance from their children. And, “Childless Senior Citizens” who are not able to maintain themselves. From their own income can ask for maintenance from their relatives. Senior citizen in India means an Indian person who has attained the […]

Different Theories Of Divorce
Recent Updates

Mutual Divorce

An appeal against the decree of divorce by mutual consent Recently, a division bench of Justice Rajiv Sahai Endlaw and Asha Menon of Delhi High Court in the case of Anshu Malhotra v. Mukesh Malhotra[1], held that an appeal against a consent decree of dissolution of marriage is not maintainable and the remedy before an […]

Recent Developments of Insider Trading
Recent Updates

Insider Trading

The Securities and Exchange Board of India (“SEBI”) has continuously tried to improve regulations. Through, amendments in 2018 and 2019 after the revision of the insider trading system. With the implementation of the SEBI (Prohibition of Insider Trading) Regulations, 2015. SEBI notified the Securities and Exchange Board of India (Insider Trading Prohibition) (Amendment) Rules, 2020 […]

SEBI, Listing Regulation
Recent Updates

Listing Regulation

Amendments to Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 The listed companies are expect to be in compliance with the requirements of the revised SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015: 1. Related Party Definition: New Proviso added – “Provided that any person or entity belonging to the […]

Takeover
Recent Updates

Takeover

SEBI has time and again amended its takeover regulations, recently in Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) (Third Amendment) Regulations, 2020, where certain provisions of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011 were amended. In 2020, various other developments have taken place which […]

Negotiable Instruments Act
Recent Updates

Negotiable Instruments Act

In the wake of the recent global outbreak of the novel pandemic coronavirus (Covid-19) and its impact in India. It is evident from the economic situation that businesses and various other commercial ventures have incurred several losses, both economic and otherwise.  One of the many efforts of the government to curb this situation is the […]

Bonds
Recent Updates

Bonds

With the increasing competition and opportunity in the outside world, the businesses incur enormous amount of expenditure and invest a lot of time training their employees to increase the quality of goods and services of the company. However, it has been observed that the attrition rate of the employees is quite low and after improving […]