Articles by G S Rao

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How effective are the Cheque bouncing provisions under negotiable instruments act, 1881?

Posted by G S Rao 19 July 2013 57894 Views

Introduction: Section 138 to 147 were incorporated in Negotiable Instruments Act, 1881(NI Act) with a view to

Analysis of Interim measures u/s 9 and 17 of Arbitration and Conciliation Act,1996

Posted by G S Rao 29 May 2013 108545 Views

Introduction: Arbitration and Conciliation Act 1996 repealed old Arbitration Act and incorporated law relating to domestic arbitration, international commercial

All about Gifts

Posted by G S Rao 16 April 2013 53838 Views

Introduction: Gifts are generally given by donors to show their love and affection. Sometimes gifts are used as a tool for tax planning. An attempt is made in this article to cover the essentials of a valid gift as per the provisions of the Transf

Why Arbitration is not effective in India?

Posted by G S Rao 13 March 2013 15261 Views

Introduction: Courts in India are overburdened with a large number of cases and their disposal takes long time. Therefore a need was felt for a faster dispute resolving mechanism in commercial disputes. Thus Arbitration Act, 1940 was enacted wit

A Look at the Insider Trading Regulations Part-2

Posted by G S Rao 28 November 2012 10937 Views

Introduction: In Part-1, important aspects of insider trading were covered and in this conclu

A Look at the SEBI (Prohibition of Insider trading) Regulations,1992 Part-1

Posted by G S Rao 24 November 2012 34151 Views

A Look at the SEBI (Prohibition of Insider trading) Regulations,1992 Part-1 Introduction: The Securities and Exchange Board of India's (SEBI), capital markets regulator framed Regulations known as SEBI (Prohibition of Inside

A Look at the Payment of Gratuity Act, 1972

Posted by G S Rao 15 November 2012 375712 Views

Introduction: Payment of Gratuity Act was enacted with an objective to provide a Scheme for payment of gratuity to employees engaged in factories, mines, oilfields, plantations, ports, railway companies, shops or other establishments and matters

Successive presentation of Cheque and Cause of action

Posted by G S Rao 16 October 2012 22269 Views

Introduction: Recently Supreme court bench consisting of Justices RM Lodha, TS Thakur and Anil Dave delivered its judgment in MSR Leathers v S. Palaniappan & Anr (MSR Leathers) holding that a payee or holder of a cheque can now issue a statu

Analysis of Judgment of Supreme Court on Sahara

Posted by G S Rao 06 September 2012 31458 Views

Analysis of Judgment of Supreme Court in Sahara India Real Estate Corpn. Ltd & ors Vs. SEBI & Anr Supreme Court delivered a judgment in Saharas Case which now confirms the jurisdiction and power of SEBI to inquire into hybrid securi

A look at draft guidelines of GAAR

Posted by G S Rao 03 September 2012 12517 Views

Introduction: The Union Budget 2012 contained a controversial retrospective amendment proposal and General Anti Avoidance Rule (GAAR). The effective date of GAAR was postponed to 01.04.2013 to the relief of many Assessees. In this article the int