The Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013 has replaced the archaic Land Acquisition Act, 1894, to bring in a new procedure, aimed at granting fair compensation … READ FULL STORY
What is the meaning of leverage? Leverage is a financial term involving borrowing funds to buy things, anticipating that future profits will cover the cost of borrowing. The money is borrowed to maximise the … READ FULL STORY
What is FCRA? FCRA is the Foreign Contribution (Regulation) Amendment Act, 2020. Foreign donations are regulated by the FCRA to ensure they do not adversely affect internal security. In 2010, it was amended by … READ FULL STORY
NCLT full form NCLT is the short for National Company Law Tribunal. What is NCLT? The NCLT is a quasi-judicial body in India that established under the Companies Act, 2013. Constituted on June … READ FULL STORY
What is KYC? KYC or ‘know your customer’ is a procedure in which a financial company verifies the identity of the customer and assesses their appropriateness and whether there is any possibility of illegal … READ FULL STORY
What is Foreign Exchange Management Act? With the aim of facilitating external trade and payments to foreign countries and promoting the orderly development of the foreign exchange market in India, the government of India … READ FULL STORY
Various documents, petitions, and applications are required in civil lawsuits. The court receives a lot of documents and the opposite parties in a lawsuit are required to receive copies of these documents. Legal notices … READ FULL STORY
A number of things like a CIN number, a Tin number, and GST licensing are needed if you are planning to start a business. The CIN is an important identification number for a company. … READ FULL STORY
Succession certificate Property owners, who expire without leaving a will, are said to have died intestate. In such cases, the family has to get a succession certificate, which certifies the successor of the deceased. … READ FULL STORY
What is ROC? ROC full form is Registrar of Companies. It is an office established under the Ministry of Corporate Affairs. The ROC, under Section 609 of the Companies Act, vested with the primary … READ FULL STORY
MoU full form MoU stands for Memorandum of Understanding. It is a non-binding contract describing the intention of two people or a business to work in consensus. An MoU is also sometimes referred to … READ FULL STORY
What is prima facie? Prima facie is a Latin phrase that means ‘at first sight’, ‘at first view’, or ‘based on first impression.’ It has become ubiquitous in legal procedure and connotes facts as … READ FULL STORY
For property buyers in Delhi, it is important to know that stamp duty and property registration charges are revised periodically, while the amount contribute as the state government’s largest revenue sources. Stamp duty and … READ FULL STORY
