‘Force Majeure’ is a French phrase which translates to ‘superior strength’. According to the Black’s Law Dictionary, Force Majeure is an event or effect that can be neither anticipated nor controlled. Indian statutes do not specifically deal with force majeure, but the Indian Contract Act of 1872 implies that a contract can be discharged for unforeseen circumstances. It is closely
2023 July
Under the Companies Act, promoters are individuals or entities who take the initiative to form and organize a company, shaping its early stages and facilitating its incorporation. In other words, promoters are persons who conceive and promote a business idea, undertake necessary arrangements for its incorporation, and set it in motion. In this blog, we will explore the concept
When one hears the word ‘forensics’, the first thing that flashes in our mind is the television drama CID. It is fascinating to see Dr. Salunkhe working in his laboratory and assisting the CID team in solving a murder mystery. Sounds fancy? Isn’t it? Well, it is not as fancy and interesting as it seems. Working for long hours in a laboratory, experimenting with chemicals
The act’s ultimate purpose is to make sure that the Indian market remains competitive. Every entity should compete on a level playing field, and the market’s leaders should guarantee that no unfair practices are used to distort competition. Effective competition is characterized by: firm rivalry, the lack of limitations, and the absence of a monopolistic market leader. There is
The introduction of digital streaming platforms has completely changed the entertainment landscape by providing easy access to a vast selection of films, TV series and unique material. Netflix has become the clear leader among these channels, enthralling Indian fans with its extensive collection of content. But as demand for and revenue from digital streaming services
While issuing shares, Companies collect the share amount from the shareholders. They had to pay for the amount. However, the shareholders can make part payments (instalments) subject to some conditions. In this regard, the company directors issue a call notice to the shareholders per the
Merger control has a crucial global objective of preventing the detrimental effects of mergers that restrict competition, thereby depriving consumers of the benefits associated with a competitive marketplace. It serves as a regulatory mechanism to maintain a balance between the advantages
We are all aware that India is not strictly a federal nation Therefore, to denote that we use the term “quasi-federal system” . Since the states also have powers granted to them by the Indian
The idea of diplomatic immunity is crucial for maintaining diplomatic ties and promoting effective communication between nations in the field of international diplomacy. It is a long-standing principle that guarantees diplomats can perform their duties without worrying about obstruction
Recent developments in technology and neuroscience have opened up a new field of human-machine interaction called brain-interfaced technologies. Neuralink, an Elon Musk-founded