Introduction: Nationalization refers to the situation where the government takes over a private organization. Through this action, government bodies end up having ownership and control over these bodies leading to the previous owners or shareholders losing their investment[1]. Bank nationalization in India started with the government nationalizing the 14 largest Read more…
Introduction: In a nutshell, the purpose of this act is to protect the bank or any financial institution from any wrongful loss by the borrower. The Securities and reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI Act) came in to force on 17th December 2002. The Read more…
Introduction: According to Black’s law dictionary[1], A Debt is a sum of money arising upon a contract, express or implied. In its more general sense, it is defined to be that which is due from one person to another, whether money, goods, or services; that which one person is bound Read more…
Introduction: A few years back, under the Insolvency & Bankruptcy Statute, 2016, homebuyers don’t have enough security. As a result, if they were placed by the homebuyers, then in the stumble as they did not maintain their assertions under the Code against real estate firms. The legislation passed the Insolvency Read more…
Introduction: The world is facing a huge loss of lives. During amid coronavirus or COVID-19 people are facing huge levels of anxiety, stress and fear. Millions of people lost their jobs, millions are getting their pay cut. So many people lost their homes. So many could not able to feed Read more…
Introduction: The legality of cryptocurrencies varies substantially from state to state as being undefined and still changing in most of the jurisdictions around the world. Not in contravention with the above statement, but the majority of the states permit usage of digital currencies, i.e. Bitcoin, as a medium of exchange Read more…
Introduction The events of globalization and a surge in domestic and international trade have led the people to find various dependable sources to guard and lessen the perils in the commercial dealings. People are doing business dealings globally, and events are becoming aside from each other. Thus, a forward-thinking establishment Read more…
Introduction: The term ‘money laundering’ is often defined as a collective procedure involved in legitimising the illegal or criminal proceeds using the loopholes in the legal framework. In most of the jurisdictions, the method of securing one’s ill-proceeds from the State scrutiny or laws has established an informal value transfer Read more…
Introduction: We live in a fast-paced developing country. Thus, there is always a cutthroat competition going on between people; we are always craving for more and more revenue so that our families can have happier and better lives. That’s how companies, brokers, or investment banks try to take advantage of Read more…
Introduction: Investors and Shareholders are the stanchions of today’s financial and securities market. They are the key factor to determine the level of the market. They put the money in funds and stocks to help the market to grow and consequently, lifts the economy. Thus, the protection of the interests Read more…
Introduction: The coronavirus pandemic has had numerous and vast effect in the daily livelihoods of people across the world. One of the more significant impacts of the pandemic is the increase in cashless transactions. Much like 2016, when demonetisation saw many adapting to cashless transactions, India, due to the various Read more…
Introduction: Insolvency is when an individual or an organisation owes more debt than the assets they have and is not able to pay back its creditors. A bankruptcy, on the other hand, is when an individual or an organisation is insolvent and seeks help from the government to resolve its Read more…