The Indian toy industry is among the fastest-growing globally, projected to reach $ 3 Bn by 2028, growing at a CAGR of 12% between 2022-28. The Indian toy market was valued at US$ 1.5 billion in 2022, and it is expected to reach US$ 3 billion by 2028, rising at a CAGR of 12.2% between … Continue reading INDIAN TOY INDUSTRY AND RISE OF MAKE IN INDIA
Whether Banks or NBFCs can levy foreclosure charges on Prepayment of loan?
Introduction In the context of loans, especially home loans or personal loans, foreclosure charges or prepayment penalties refer to the fees charged by Banks or Non-Banking Financial Companies (NBFCs) if the borrower chooses to pay off the loan amount before the stipulated loan tenure. Such pre-payments can be of two types: Part Prepayment and Absolute … Continue reading Whether Banks or NBFCs can levy foreclosure charges on Prepayment of loan?
THE BANKING SECTOR LEGAL SWORD: SARFAESI ACT, 2002
Objective The main objective behind the introduction of this act was the speedy and swift recovery of debts which are significant for the growing economy and matching the international standards determining the Banking sector though the introduction of Asset Reconstruction in the Indian Markets. The importance for the introduction of this act was necessitated with … Continue reading THE BANKING SECTOR LEGAL SWORD: SARFAESI ACT, 2002
DON’T SAY JHAKAAS: YOU CAN NOT USE ANIL KAPOOR’S PERSONALITY RIGHTS
Whether protection can be sought for the personality rights, publicity rights and elements associated with persona such as name, voice, photograph/image/likeness, manner of speaking and dialogue delivery, gestures, signatures etc. against misuse over internet? In the High Court of New Delhi[1], the famous Indian actor Mr. Anil Kapoor has initiated a suit seeking protection of … Continue reading DON’T SAY JHAKAAS: YOU CAN NOT USE ANIL KAPOOR’S PERSONALITY RIGHTS
KNOW ABOUT BONUS UNDER WAGES ACT
How bonus is to be paid? Code on minimum wages, 2019, section 26 There shall be paid to every employee, drawing wages not exceeding such amount per mensem, as determined by notification, by the appropriate Government, by his employer, who has put in at least thirty days work in an accounting year, an annual minimum … Continue reading KNOW ABOUT BONUS UNDER WAGES ACT
WHETHER TENANCY CAN BE A GROUND TO OBSTRUCT THE POSESSION OF SECURED PROPERTY BY SECURED CREDITOR?
INTRODUCTION In the financial landscape the secured creditors used to counter with many difficulties and obstacles in taking possession of the secured asset when the borrowers used to default in payment of lending amount to lender/Secured creditor. Therefore, the SARFAESI Act came into existence to speed up the recovery and empowering the creditors. However, … Continue reading WHETHER TENANCY CAN BE A GROUND TO OBSTRUCT THE POSESSION OF SECURED PROPERTY BY SECURED CREDITOR?
KNOW ALL ABOUT MATERNITY BENEFITS RIGHT UNDER LAW
A. Constitutionality of Maternity Benefit Act 1961? Article 39 (e) & (f) B. Is there any maternity benefit law set out by Haryana government? The state of Haryana follows Maternity Benefit Act, 1961 and The Haryana Maternity Benefit Rules, 1967. C. Who will be the employer in case of a company? In cases, … Continue reading KNOW ALL ABOUT MATERNITY BENEFITS RIGHT UNDER LAW
DATA PROTECTION LAW WHICH CAN PENALIZE UPT0 250 CRORE FOR BREACH OF DATA AND VIOLATION OF LAW
Introduction In an era defined by digital innovation and the seamless exchange of information, the need to protect individuals' privacy and personal data has become paramount. Recognizing this, governments around the world are enacting comprehensive legislation to address these concerns. Indian lawmakers on 09.08.2023 passed a data protection law that will dictate how tech companies … Continue reading DATA PROTECTION LAW WHICH CAN PENALIZE UPT0 250 CRORE FOR BREACH OF DATA AND VIOLATION OF LAW
INCORPORATION OF ENTITY IN BRAZIL
The Brazilian Civil Code (Law no 10,406) governs the business entities like Corporations and Limited Liability Companies. In order to set up an entity in Brazil, the following steps are to be followed: The first step is to select the name of the company. It should not be identical with the existing names and trademarks … Continue reading INCORPORATION OF ENTITY IN BRAZIL
ALL ABOUT SETTING UP A COMPANY IN MALAYSIA?
ALL ABOUT SETTING UP A COMPANY IN MALAYSIA? (In Accordance with the Malaysian Companies Act 2016) What type of business structure is allowed in Malaysia for a business? Malaysia allows various business structures, including: Sole Proprietorship: A business owned and operated by a single individual with unlimited liability. Partnership: A business owned and operated by … Continue reading ALL ABOUT SETTING UP A COMPANY IN MALAYSIA?
DUCTUS EDGE 