Economic Integration: Custom Unions and Free Trade Areas
by A Customs Union occurs when a group of countries agree to have free trade amongst themselves and agree on a common external tariff to countries …
Tag: GGSIPU
Competition Act 2002: Regulation of Combinations
The Competition Act, 2002 uses the word combinations to cover acquisition of control, shares, voting rights and assets, and mergers and amalgamations. Section 6 of …
The Contract Labor Act 1970
The Contract Labour (Regulation and Abolition) Act 1970 was enacted as a Central law aimed at regulating the conditions under which contract labourers work and …
Depository System in securities Transaction
Need for Depository System: The trading in physical segment is full of inefficiencies due to handling of large volumes of Certificates and also involves various …
SEBI Functions
We can classify the functions of SEBI into three categories:- Protective functions Developmental functions Regulatory functions Protective Functions: As the name suggests, the main focus …
Securities and Exchange Board of India – 1992
Reasons for the Establishment of SEBI During 1980s, there was tremendous growth in the capital market due to increasing participation of public. This led to …
Liabilities of Banker and Dishonor of Negotiable Instruments like Hundis etc.
Dishonor by non-acceptance (Section 91) A little kind of negotiable tools, i.e., bill of exchange, promissory note, or cheque may be desecrated by non-payment by …
Overview of Special Contract
Indemnity The term ‘Indemnity` Simply means ‘Making Somebody Safe` or ‘Paying Somebody back`. Section 124 of contract Act defines that ‘‘A contract by which one …
Remedies for Breach of Contract
A contract is a legal promise to perform certain obligations. When a party breaks a promise, then the other parties to the contract might suffer …
Forces influencing Working and Learning
Globalization of business Globalization of business is the change in a business in a company associated with a single country to one that operates in …
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