Lakshay
Lakshay Parmar 14 Feb 2020 4:00pm
FIR (First Information Report) Section-154 CrPC - Its procedure and how it is mandatory for a police officer to file the report
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The primary function of filing FIR is to record all the minute details and put the case into motion as was held in State of U.P Vs Krishna Mater & Ors, 2010 (2) L.S 42 (SC). The clause concerning FIR in Indian law is Section-154 of the CrPC, 1973. The report you file under Section-154 is known as FIR. One point to consider when filing an FIR is…
Lakshay
Lakshay Parmar 7 Feb 2020 4:39pm
Subsidies received from govt, under various schemes may be subject to taxes: Case Analysis
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The term ‘subsidy’ comes from the Latin word subsidy, meaning 'reserve-stationed soldiers’, which essentially means ‘support from behind’. Subsidy means grant in the most common sense. This grant can be either in the form of cash or kind and is usually given to support an economic policy.Subsidy is generally understood to be a Government-issued grant…
Lakshay
Lakshay Parmar 27 Jan 2020 4:07pm
Concept of Anti-profiteering under GST regime
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Goods and Services Tax (GST) is India's first Indirect tax reform. In July 2017, India implemented Goods and Services Tax (GST) to remove the cascading effect of former indirect taxes and create a broader and seamless tax credit system. GST is an indirect tax for the country as a whole, making India one national unified economy. GST is a single tax…
Lakshay
Lakshay Parmar 20 Jan 2020 1:18pm
Data Protection laws: Analysis of United Kingdom(EU GDPR) and Indian regime
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Data protection is the mechanism by which personal information is shielded from theft, misuse or failure. Data protection is becoming more relevant as the amount of data generated and processed continues to grow at unprecedented rates. A large part of a data protection strategy therefore ensures data can be restored quickly after any corruption or…
Lakshay
Lakshay Parmar 13 Jan 2020 3:46pm
Essentials of a valid contract under the Indian Contract Act, 1872
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Essentials of a valid contractA contract defined under Section-2(h) of The Contract Act, 1872(hereinafter referred to as “the act”) means “any agreement which is enforceable by law”. Contracts can be written by using formal or informal terms, or could be entirely verbal or spoken. According to Salmond, “A contract is an agreement creating and…
Lakshay
Lakshay Parmar 4 Jan 2020 12:47pm
Conundrum between
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Seat of the arbitration   The arbitration seat is a vital aspect of any method of arbitration. The situs is not just about where an organization is located, where trials are going to be held, or where a good pool of arbitrators can be found. It also deals with which courts have supervisory jurisdiction over the arbitration and the scope of those…
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