In simple terms, being insolvent refers to a person or business’s inability to pay its debts. When a person, business, or other organization is unable to meet its financial obligations for paying debts as they fall due, insolvency results. Insolvency and bankruptcy are not the same. A court’s finding of
In India, the government of India and state government engineers the budget and fiscal policies of their jurisdiction thereby stimulating the impact on various macroeconomic parameters estimating
The conventional definition of domestic violence in a heterosexual marriage primarily focused on this type of mistreatment, where the woman was typically the victim and the husband
The origin of the term Bail has been derived from a French terminology – “Baillier” meaning to be in control or guard something . Indian Law commission has defined bail as a release of a person temporally from custody due to his/her suspect in crime this is known as judicial interim release of
Since it has completely taken over the world, the internet has become an essential component of Everyone’s daily existence. It also means that all the user’s personal information and data will be stored on the internet, however, this might be avoided with the user’s permission. This has led to a
Before getting into the details of the topic itself, let us know what is meant by an invention. According to the Indian patent Act, 1970 section 2(j), an invention is a creation by the inventor keeping his effort and time to solve a technical issue that will benefit the public and disclosed by
The world is moving at an extremely fast pace. There are various new technologies coming up and every technology has positives and negatives to it. Understanding the changing technologies can be overwhelming for a normal person who is not so acquainted with them. Another such emerging
On the opening day of the 2023 Union Budget, Finance Minister Nirmala Sitharaman made a significant announcement, promising to provide financial assistance to prisoners who are unable to
Indian Law makes provisions for punishment of every act of criminality or offence; however, the field of psychological disorders continues to be in the grey area at the present date. “\A crime is an
What do we refer to when we speak the truth? What is truth? These are some universal questions on this concept which we ourselves are not sure of their meaning. The truth according to me is fact-based information. It is real without any imaginary situations included. Now how justice is