The pluralist theory of government is a key concept in political science that describes how power and decision-making are distributed in a democracy. According to this theory, political power is not concentrated in the hands of a single entity or elite group but is instead spread across multiple groups, organizations, and institutions. These groups, including […]
The principle of good faith is a fundamental doctrine in law, particularly in contract law, insurance law, and commercial transactions. It requires all parties in an agreement to act honestly, fairly, and without intent to deceive one another. Good faith is essential in ensuring trust, transparency, and fair dealing in legal and business relationships. Understanding
Economic crimes have become a significant concern in modern societies, affecting individuals, businesses, and governments. To combat financial fraud, corporate misconduct, and white-collar crimes, specialized law enforcement units known as the Economic Offences Wing (EOW) have been established in various countries. These agencies focus on detecting, investigating, and prosecuting crimes related to financial irregularities, fraud,
Marriage is a significant legal and financial commitment, and couples often take steps to protect their assets and future interests before entering this union. One of the most effective legal tools for this purpose is an antenuptial agreement, commonly known as a prenuptial agreement. This legally binding contract outlines the financial rights, responsibilities, and asset
This article on “The Role of Tax Law in Economic Policy” was written by Shivam Sonkar, a student at Lovely Professional University. Tax law is more than just a set of rules for collecting money; it’s a powerful tool that shapes the economic landscape of a nation. Governments worldwide rely on tax law as a cornerstone
The Chicago Convention on International Civil Aviation (1944) is a foundational treaty that established the framework for modern international civil aviation. Signed on December 7, 1944, in Chicago, USA, by 52 nations, it laid the groundwork for regulating air navigation, aviation safety, and international air transport. One of the most significant outcomes of the convention
Primary evidence is the best and most original form of evidence in legal proceedings, offering direct proof of a fact without reliance on secondary sources. It refers to the original document, object, or record presented before a court to establish the authenticity of a claim. Under the Indian Evidence Act, 1872, primary evidence holds the
A relationship banker is a financial professional who builds and maintains relationships between banks and their clients, offering personalized financial services and advice. Unlike traditional bankers who handle routine transactions, relationship bankers focus on understanding customer needs, providing tailored banking solutions, and enhancing client satisfaction. Relationship bankers play a crucial role in retail and commercial
The writ of certiorari is a crucial legal remedy used in judicial review, allowing higher courts to review decisions made by lower courts, tribunals, or quasi-judicial bodies. It serves as a safeguard against jurisdictional errors, procedural irregularities, and violations of natural justice. In India, the writ of certiorari is one of the five constitutional writs
Delegative leadership, also known as laissez-faire leadership, is a leadership style where leaders provide minimal guidance and allow team members to make decisions independently. Unlike autocratic or democratic leadership styles, delegative leadership places full trust in employees, empowering them to take responsibility for their tasks and outcomes. This leadership style is often used in creative