LAW Articles

Claiming Inheritance: A Guide for Legal Heirs in the Absence of a Nominee

Posted by Nikita Agarwal 14 July 2023 2622 Views

If a person dies without assigning a nominee, the legal heirs can claim the bank money by following a process that involves providing necessary documents and following the procedures set by the bank.

Striking a Balance: RBI Allows Compromise Settlements and Write-Offs for Defaulters and Fraud Companies with Precautions

Posted by Rashmi 16 June 2023 2845 Views

The Reserve Bank of India (RBI) has issued a circular stating that banks and finance companies can enter into compromise settlements or technical write-offs with wilful defaulters and companies involved in fraud.

Internal Financial Controls (IFC)

Posted by CA Diwakar Jha 06 June 2023 250964 Views

As per Section 134 of the Companies Act, 2013 (the Act), the term 'Internal Financial Controls' means the policies and procedures adopted by the company

Landmark rulings on Agricultural income

Posted by CA Rakesh Ishi 29 April 2023 24529 Views

A brief explanation of the landmark rulings of the Supreme Court and High Courts on agricultural income Raja Benoy Kumar Sahas Roy: In this case, the Supreme C...

Importance of Title Investigation Report for Property Buyers

Posted by Prakasha and Co 06 April 2023 6690 Views

When it comes to purchasing property, it's important to be diligent in verifying the legal status of the property before making a decision. One key tool in this process is a Title Investigation Report (TIR), which is designed to provide buyers with a clear understanding of the legal status of the property they're interested in purchasing.

How to Register a Patent in India?

Posted by Poonam 25 February 2023 2973 Views

Patent registration is essential for any individual to protect their unique product or process from being copied by others. No other company or individual will be able to copy the product if the original creator holds a patent from the law of India.

Procedure of succession of properties of hindu female intestate under Hindu Succession Act, 1956

Posted by FCS Deepak Pratap Singh 23 February 2023 13573 Views

As you are aware that the amendment in Hindu Succession Act, 1956 in year 2005 is a revolutionary amendment, which has changed the whole criteria of holding of properties in Hindu Families. First time the constitution acknowledged the equal rights of daughter on equal footings with the son. The amendment act has also taken care of widows of Hindu Families.