Articles by FCS Deepak Pratap Singh

Non-disclosure or concealment of material facts under insurance

FCS Deepak Pratap Singh 02 April 2022 at 09:13

A Mediclaim Policy is a non-life insurance policy meant to assure the policyholder in respect of certain expenses pertaining to injury, accidents or hospitalisation

SC: Claim against an unregistered vehicle is not payable

FCS Deepak Pratap Singh 31 March 2022 at 09:34

From judgement of Apex Court mentioned above it is clear that Registration of a Vehicles according to the provisions of Section 39 of MVA,1988 is mandatory and a person without valid registration is not allowed to drive vehicle at public place.

Passing off a trademark and its implications

FCS Deepak Pratap Singh 30 March 2022 at 09:20

As you are aware that a Trademark may be defined as a lawfully protected abstract, word, symbol, color, mark, slogan or a mixture of those related to an organization or a selected product that differentiates it from the others accessible within the market.

Transfer of capital assets between holding and subsidiary company or vice-versa and its tax implications

FCS Deepak Pratap Singh 28 March 2022 at 08:37

As you are aware that the term "Business Restructuring" is composed of two words," Business" and "Restructuring". We know that the "Business", includes trade, commerce, manufacture, profession etc

Supreme Court: NCDRC cannot direct the appellant to amend complaints

FCS Deepak Pratap Singh 26 March 2022 at 08:58

The error in the order of the NCDRC was to compel the appellant to amend the complaint, as a consequence of which, it granted permission to the first respondent to file a written statement to the amended complaint.

The Supreme Court of India has once again reiterated - Principles of Good Faith

FCS Deepak Pratap Singh 24 March 2022 at 09:01

The Supreme Court of India has once again reiterated one of the foundational principles of Insurance Law: Non-disclosure of material information by an Insured at the time of entering into a contract of insurance would entitle a prudent Insurer to repudiate a claim made under the underlying policy on such ground.

Just compensation under Motor Vehicles Act 1988

FCS Deepak Pratap Singh 24 March 2022 at 09:01

The Motor Vehicle Act of 1988 is a comprehensive Act that has replaced the Motor Vehicle Act, 1939. It was implemented on 1st July 1989. The first Act that came in force regulating the road transport vehicles was the Motor Vehicles Act, 1914.

Whether Notional Interest on Security Deposit paid by employer for accommodation of its employee will also be included while calculating perquisites

FCS Deepak Pratap Singh 23 March 2022 at 09:09

Perquisite value of a residential accommodation provided by the employer to its employee will be calculated on the basis of actual rent paid or payable and no notional interest on Security Deposit deposited by employer

Importance of certificate of insurance (COI)

FCS Deepak Pratap Singh 21 March 2022 at 08:49

A certificate of insurance (COI) is issued by an insurance company or broker. The COI verifies the existence of an insurance policy and summarises the key aspects and conditions of the policy.

Analysis of word "Advancement of any other object of general public utility" under IT Act 1961

FCS Deepak Pratap Singh 19 March 2022 at 07:18

As you are aware subject to the provisions of Sections 60 to 63, the income of a religious or charitable trust or institution, to the extent specified in the Act, is exempt from tax when certain prescribed conditions are fulfilled