Who is a corrupt Arbitrator? An arbitrator who, induced by personal gain and who disregards the duty of neutrality to influence the outcome of an arbitration submitted to his or her consideration. Notion on personal gain The word personal gain is to be broadly construed. It includes the prospective monetary and non-monetary rewards. The…
Winding up is the process of bringing a company’s life to an end and administering its assets for the benefit of its shareholders and creditors. A company or business may wind up for a variety of reasons, including insolvency or bankruptcy, the death of promoters, or mutual agreement among stakeholders. There are two kinds of…
In 1983, Section 498-A was enacted to safeguard married women from cruelty by their husbands or family members. It prescribes punishment for 3 years and a fine. Under this section, cruelty is defined as causing physical or mental harm to the woman’s body or health, as well as engaging in harassment in order to coerce…
An insurance policy, also known as a contract of adhesion Insurance coverage is a contract that takes the form of a policy. This policy protects an individual’s financial risks as a result of unforeseeable events. The policyholder is the insured. The insurer is also known as the insurance provider, insurance carrier, or underwriter. They provide…
ITR filing date is just knocking on the door. Hopefully, all taxpayers are aware of the deadlines. If you are worried regarding the whole ITR filling process, you are at the very right platform, we are here to aware you regarding the same and to answer all your queries. As per the latest official…
Divorce is no more a nightmare for spouses anymore. Gone are the days when people choose a bad, complicated, and disturbing marriage over society’s perceptions or family’s reputation. These days at least a certain ratio of the population is quite aware of their marital rights and obligations. Well, this write-up is an endeavor to…
Why new personal data protection bill is the talk of the town?????? What is the necessity to bring this law in existence? Are present existing laws on Cyber Safety, failing to resolve challenges associated with personal data protection? Well, the nation is eager to know every inch of this bill, it’s utmost significance and how…
QRMP Sir, the scheme appears quite good in view of its following features: Tax liability in cash for the 1st and 2nd month of the Quarter to be determined taking into account the ITC (input tax credit) available. Tax liability ibid (1st and 2nd month) can be paid by deposit in Electronic Cash Ledger (ECL)…
Briefly, the Section governing the Annual Return has undergone changes quite a few times till date. Latest one prevails since 1.08.2021 therefore the status till 31.07.2021 is relevant too. Presently (w.e.f. 1.08.2021, all registered persons are required to submit an Annual Return, but without any audited Annual Statement. However, where annual aggregate turnover exceeds Rs.5…
“HAS THE STATE FAILED TO PROVIDE RIGHT TO LIVE UNDER ARTICLE 21 ” Amid the coronavirus pandemic, India is dealing with shortages on all fronts, be it oxygen, medicines, vaccines, or even doctors and nurses. The capacity is limited and the demand is overwhelming. As a result, there is chaos and what is being called…