“angel investor” meansan investor including a Venture Capital Scheme or Restricted Scheme set up in an IFSCandsimilar regulated scheme or fund set up in India or foreign jurisdiction, andinvests...
Day: July 1, 2022
The Central government has warned the Ed-tech companies against unfair trade practices. The Secretary, Department of Consumer Affairs, Shri Rohit Kumar Singh held a meeting with self-regulatory body India Edtech Consortium (IEC), which runs under the aegis of Internet...
Practice Direction to be followed by Courts dealing with cases u/s 138 of NI Act 1881(22.04.2022)
2 min read
The Magistrates of first-class/Metropolitan Magistrates having jurisdiction are directed to try the offences under the Negotiable Instruments Act, 1881, under summary procedure as enumerated under Section 143 of the said Act. They are further directed to record reasons for...
Termination of agency, where agent has interest in subject matter- SEC-202 of Indian Contract Act
37 min read
The appellant was indebted to the respondent Bank. He executed a power of attorney in favour of the bank giving it authority to execute a decree which he had obtained in his favour. The bank filed an application for...
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