Burden is on accused to rebut presumption of existence of legally enforceable debt or liability u/s 139 of NI Act : HC

FEMA, BANKING amp; INSURANCE : There is always a presumption in favour of complainant that there exists a legally enforceable debt or liability and thereby burden is on accused to…

Continue ReadingBurden is on accused to rebut presumption of existence of legally enforceable debt or liability u/s 139 of NI Act : HC

SEBI further extends timelines for compliance with regulatory requirements by trading members

In view of the prevailing situation due to Covid-19 pandemic and representation received from the Stock Exchanges, SEBI has decided to extend the timelines for compliance with the regulatory requirements…

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Registration of section 8 company – an analysis with respect to its privileges coupled with compliances

In India, mainly three types of non-profit organization are in existence as given below:- (a) Trusts formed under the Indian Trust Act 1880 (b) Societies registered under (section20) of the…

Continue ReadingRegistration of section 8 company – an analysis with respect to its privileges coupled with compliances

Burden is on accused to rebut presumption of existence of legally enforceable debt or liability u/s 139 of NI Act : HC

FEMA, BANKING & INSURANCE : There is always a presumption in favour of complainant that there exists a legally enforceable debt or liability and thereby burden is on accused to…

Continue ReadingBurden is on accused to rebut presumption of existence of legally enforceable debt or liability u/s 139 of NI Act : HC