Introduction: The idea of insurance has evolved over the years from the idea of ‘spreading of risk or loss’. Insurance policies protect a person from financial losses or risks and thus in a way indemnifies the loss that might be suffered or borne by a person. After the opening the Read more…
Introduction: An insurance policy protects a person from suffering financial loss or indemnifies the loss suffered by the person, in the events of financial losses. There a large number of participants in the insurance market moreover the general public or the policyholders find it difficult to understand and interpret the Read more…
India has, for a long time given precedence to Caveat Venditor (Seller Beware) over the ancient maxim of Caveat Emptor (Buyer Beware), with the recognition of various consumer rights enshrined in the Consumer Protection Act, 1986 (“old Act”). However, with the passage of time, the old Act became a little Read more…
Introduction: India is apparent to the way that its first E-business connection occurred vide IRCTC. This was the administration’s first exploratory move to offer benefit to the host of the public for issue free appointments. Followed the way set somewhere around the Indian Railways, the Airlines business hopped into the Read more…
Introduction: In earlier times people used to organize themselves in groups and it was thus believed that certain amounts of frictions were obvious. Individuals in those groups would get engaged with each other in various forms of purchase and transaction and it was also reasonably supposed that in the situation Read more…
Introduction: RERA or Real Estate Regulatory Authority Act was passed in 2017 with a motive of providing the homebuyers, government, and builders a transparent selling and buying of real estate properties. Before RERA came into existence, there was an excessive commitment of frauds by the developers in the real estate Read more…
Introduction: In today’s world, everyone is inter-dependent on one another for a living; no one can sustain the life in isolation. Whatever we do in the normal course of the day, we involve ourselves in transactions with others. These transactions lack compulsory legal bounding. But, in order to evade the Read more…