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ESCROW ACCOUNT KEY TO ENSURE NON-DIVERGENCE OF FUNDS

ESCROW ACCOUNT KEY TO ENSURE NON-DIVERGENCE OF FUNDS

  • Post author:snslegalblog
  • Post published:July 10, 2020
  • Post category:RERA
  • Post comments:0 Comments

One of the crucial changes implemented by the Regulating Authority is the imposition of maintaining an escrow account. According to Section 4(2)(l)(D) of the RERA, a promoter is required to…

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Avoidable Transactions under IBC

Avoidable Transactions under IBC

  • Post author:snslegalblog
  • Post published:July 7, 2020
  • Post category:IBC
  • Post comments:0 Comments

The Insolvency and Bankruptcy Code, 2016 is a dynamic law, evolving with the emerg- ing needs of stakeholders. One of the key features of the code is provisions related to…

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MAINTAINABILITY OF CIVIL SUITS WHERE ACTION INITIATED UNDER SARFAESI

MAINTAINABILITY OF CIVIL SUITS WHERE ACTION INITIATED UNDER SARFAESI

  • Post author:snslegalblog
  • Post published:July 5, 2020
  • Post category:SARFAESI ACT
  • Post comments:0 Comments

Section 34 of the Securitisation and Reconstruction of Financial Assets and Enforcement of Securities Interest Act 2002 (“The Act”) lays down the rule that no civil court shall have jurisdiction…

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ADDUCING EVIDENCES- APPLICATION UNDER SECTION 34 OF THE ARBITRATION ACT

ADDUCING EVIDENCES- APPLICATION UNDER SECTION 34 OF THE ARBITRATION ACT

  • Post author:snslegalblog
  • Post published:July 3, 2020
  • Post category:ALTERNATE DISPUTE RESOLUTION
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It has been well established that proceedings under Section 34 of the Arbitration and Conciliation Act, 1996 ("the Act") are summary in nature. The scope of enquiry in any proceedings…

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ENHANCING CONSUMER RIGHTS: THE CONSUMER PROTECTION ACT, 2019

  • Post author:snslegalblog
  • Post published:July 2, 2020
  • Post category:LITIGATION
  • Post comments:0 Comments

The Consumer Protection Act, 1986 (hereinafter referred as Act) inter alia, provides for protection of interests of consumers, establishment of a central consumer protection authority, mechanism to settle consumer disputes…

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LEGAL RECOURSE FOR HOMEBUYERS UNDER RERA, 2016

  • Post author:snslegalblog
  • Post published:July 1, 2020
  • Post category:RERA
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In order to facilitate transparency and to remove ambiguity in the home buying process, the Indian Government passed the RERA Act in May 2016. Soon after, RERA was brought into…

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Supreme Court Reiterates Appointment of Arbitrator Should be As Per Agreement

  • Post author:snslegalblog
  • Post published:July 1, 2020
  • Post category:ALTERNATE DISPUTE RESOLUTION
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Central Organization for Railway Electrification vs ECI- SPIC- SMO-MCML (JV) a joint venture company CIVIL APPEAL NOS. 9486-9487 OF 2019. The Allahabad High court passed an order on 3.01.2019 and…

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LIMITED LIABILITY PARTNERSHIP – REGISTRATION IN INDIA

  • Post author:snslegalblog
  • Post published:July 1, 2020
  • Post category:CORPORATE LAW
  • Post comments:0 Comments

A Limited Liability Partnership (herein after referred as “LLP”) is a form of business that offers the combined features of ‘partnership’ and ‘company’ business structures. LLP derives its authority from…

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FOREIGN ARBITRATION: A NEW TREND OF DISPUTE RESOLUTION

  • Post author:snslegalblog
  • Post published:June 30, 2020
  • Post category:ALTERNATE DISPUTE RESOLUTION
  • Post comments:0 Comments

Arbitration, a form of alternative dispute resolution whereby the parties to the dispute agree to resolve disputes outside courts using private entities known as arbitral tribunals, which renders a arbitration…

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Prevention of Corruption Act, 1988: A Complete Guide

  • Post author:snslegalblog
  • Post published:June 30, 2020
  • Post category:WHITE COLLAR CRIME
  • Post comments:0 Comments

INTRODUCTION Corruption is a worldwide phenomenon and is considered to be one of the greatest hindrance on our way toward progress for developing country like India. A country need a…

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