In this era of globalization, large-scale transactions are undertaken involving huge amounts of money through different types of bank accounts. There is always a risk that a party might default and the other party would have to suffer huge losses. So a need was felt for an institution that could act as a reliable source […]
In recent times, cryptocurrency has gained huge popularity as a large number of investors, even belonging to middle or lower class families, are attracted to it. However, despite having such excitement, the legality of cryptocurrency in our country is not very clear and a lot of doubt emerges in the minds of investors. In this
The concept of “promoter” is unique to our country “India”. Due to closely held family businesses and their strict equity structures, the ownership of the business mainly lies in the hands of one or two individuals who make the core decisions of the company. These individuals not only conduct the task of promotion, but they
On 31st July 1980, the Hon’ble Supreme court in the matter of Minerva Mills vs Union of India pronounced one of the Landmark judgement in the constitutional history of our country. This judgement not only affirmed the basic structure doctrine but also restored the faith of people in our judiciary. In this judgment, the court
Reservation is a necessary evil of our democratic society The right to equality is one of our most important fundamental rights enshrined under Part III of our Constitution. This Right ranges from Article 14 to 18 and it aims to provide a level playing field to all individuals while eliminating all forms of discrimination and
Before the period of independence, we faced gross discrimination based on our caste, colour sex, etc. The forefathers of our Constitution also suffered this agony in their lives. So, to remove this taboo from our society, the drafters of our Constitution made provisions of equality in our supreme constitutional document. This principle of equality is
The concept of the 6 Fundamental Rights of Indian constitution enshrined under part III is the identity of our constitution as they not only ensure our freedom but also protect us from arbitrary state enactments. However, the real significance of fundamental rights is given under Article 13 of the constitution of India. This Article makes
It is well-settled law in our criminal jurisprudence that when a crime is committed against a particular individual, it is believed that it has been committed against society as a whole. So, an obligation lies on the shoulder of the states to provide justice to the person and the concerned section of the society. In
The constitution of India is based on the principle of federalism in which the powers are divided between the union and the states. However, the powers are not equally divided and the centre is given extra authority in case of adversities. Further, the states are not allowed to leave this federation and the centre can