In what can be termed an opportune moment for the capital market investors, the Finance Minister Nirmala Sitharaman recently proposed the merging of four laws that govern capital markets as well as Securities. These Acts include the Securities and Exchange Board of India Act, 1992 (“SEBI Act”), the Depositories Act, 1996 (“Depositories Act”), the Securities Contracts (Regulation) Act, 1956 (“SCRA”) and the Government Securities Act, 2007 (“GSA”). These laws have been aimed to be consolidated into a unified securities market Code.
With Paytm IPO around the corner, we try to answer as to..
We do a deep dive into the manner of treatment of unvested..
The Ministry of Labour & Employment has issued a clarificatory Circular citing..
MCA is striking off 37,000 companies on account of secretarial non-filings. This..
Introduction In what can be termed an opportune moment for the capital..
This is the last part of our three-part series on White-collar crimes..
This is the first part of the three-part series where we discuss..
This is the third and the last part of the three-part series re-evaluating the significance of the liability cap clause in contractual agreements in the aftermath of the pandemic. This Part deals with the enforceability of liability cap clauses in contracts and aims to elucidate how it is dependent on the merits of each case. Thereby, it restricts a contracting party from absolutely taking a defence based on the existence of the said clause and disclaim his/her partial or complete liability towards an agreed transaction in the contract.
SAMPLE WILL I, _____________, aged ___ years, S/O ______________, resident of House..
This is the second part of a three part series re-evaluating the..
This is the first part of a three-part series re-evaluating the significance of the liability cap clause in contracts with an emphasis on limiting financial exposure and keeping in mind the aftermath of the pandemic. This financial year has in addition to changing the approach of business has also re-asserted the significance of certain contractual clauses such as liability cap clauses and force majeure, which were earlier not given due attention.
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