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Evolution of Competition Law in India

The Monopolies and Restrictive Trade Practices Act, 1969 (MRTP Act): This was the first competition law in India, which prohibited monopolies and restrictive trade...

Appellate Tribunal

Appellate Tribunal is an important institution established under the Competition Act, 2002. Its main objective is to hear appeals against the decisions of the...

Evolution of Securities Laws in India

Securities Contracts Regulation Act, 1956: This Act regulated the securities market in India and established the Securities and Exchange Board of India (SEBI) to...

Power and Functions of SEBI Act, 1992

Powers of SEBI under the SEBI Act, 1992 Regulation and Development of Securities Market: SEBI has the power to regulate and develop the securities market...

Development and Scope of Foreign Trade Policy

The foreign trade policy of a country outlines the government's strategy for conducting trade with other countries. In India, the Foreign Trade Policy (FTP)...

Foreign Trade (Development Regulation) Act, 1992

The FTDR Act is an important legislation that governs India's foreign trade policies and regulations. Objective of the FTDR Act To provide the development and regulation...

New Foreign Trade Policy (EXIM Policy)

Objective To provide a framework for enhancing exports and sustaining economic growth To create a conducive environment for increasing trade and investment flows To diversify the export...

Foreign Exchange Management Act (FEMA)

Overview of FEMA The Foreign Exchange Management Act (FEMA) is an Indian law that was introduced in 1999 to replace the Foreign Exchange Regulation Act...

Shifting of FERA to FEMA

FERA (Foreign Exchange Regulation Act) was enacted in 1973 to regulate foreign exchange transactions in India. However, it was replaced by FEMA (Foreign Exchange...

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Understanding the Latest Amendments in Indian Law: What Legal Professionals Need to Know in 2024

Introduction: The Dynamic Nature of Indian Law Indian law is constantly evolving to address new challenges, societal changes, and advancements in various sectors. For legal professionals, staying updated with the latest amendments is crucial to providing accurate legal advice and maintaining compliance. This guide outlines key amendments in...

Navigating Economic Challenges: Cost Management Strategies for Law Firms in 2024

Introduction: Economic Pressures on Legal Practices The legal industry is not immune to economic fluctuations and pressures. Law firms, regardless of their size, must navigate rising costs, changing client expectations, and competitive pressures. Effective cost management is essential for maintaining profitability and ensuring long-term sustainability. This guide explores...

Embracing Technology in Legal Practice: Top Tools and Trends for 2024

Introduction: The Importance of Technology in Modern Law The legal profession is increasingly leveraging technology to enhance efficiency, improve client service, and streamline operations. As we move into 2024, staying updated with technological advancements is crucial for law firms and legal practitioners to remain competitive and provide high-quality...

Exploring Alternative Legal Careers: Non-Traditional Paths for Indian Law Graduates

Introduction: The Scope of Legal Careers Beyond Traditional Practice The legal field offers a wealth of opportunities beyond the traditional roles of litigators and judges. For Indian law graduates, exploring non-traditional legal careers can lead to fulfilling and dynamic professional paths. This guide delves into various alternative legal...

Surviving and Thriving in Your First Year of Litigation: A Guide for New Lawyers

Introduction: The Realities of a Career in Litigation Entering the field of litigation is both exciting and challenging. The first year is often the most demanding, as new lawyers must quickly adapt to the fast-paced and high-stakes environment of the courtroom. This guide aims to help new litigators...

Transitioning from Law School to Legal Practice: Tips for New Graduates in 2024

Introduction: The Challenges of Starting a Legal Career Graduating from law school marks a significant achievement, but it also signals the beginning of a new set of challenges. Transitioning from the academic environment to the professional world of legal practice can be daunting. This guide aims to provide...

Essential Skills Every Indian Law Student Should Master in 2024

Introduction: The Evolving Legal Landscape The legal profession is undergoing rapid changes with advancements in technology, evolving legal frameworks, and increased globalization. For Indian law students, mastering essential skills is crucial to navigating this dynamic landscape and excelling in their careers. This guide highlights the key skills every...

Maximizing Law Internship Opportunities in India: A Comprehensive Guide

Introduction: Importance of Internships for Law Students Internships are a critical component of legal education. They provide hands-on experience, exposure to real-world legal issues, and an opportunity to apply theoretical knowledge. Internships help law students build practical skills, understand the workings of the legal system, and make valuable...

Top Strategies for Cracking CLAT and AILET in 2024: Expert Tips and Resources

Introduction: Importance of CLAT and AILET Exams The Common Law Admission Test (CLAT) and the All India Law Entrance Test (AILET) are the gateway to India’s premier law schools. Cracking these exams opens doors to prestigious National Law Universities (NLUs) and a successful legal career. This blog provides...

Constitution, Powers and Jurisdiction of National Company Law Tribunal

The National Company Law Tribunal (NCLT) is a quasi-judicial body established under the Companies Act, 2013, in India. It primarily deals with matters related to company law, corporate governance, insolvency, and liquidation. Constitution of NCLT Composition: The NCLT is composed of judicial and technical members who are appointed by...

Memorandum of Association and Articles of Association

The Memorandum of Association (MOA) and Articles of Association (AOA) are two vital documents that govern the internal and external affairs of a company. These documents are a fundamental part of a company's constitution and provide a framework for its operations. Memorandum of Association (MOA) Purpose: The MOA defines...

Alteration of Memorandum of Association and Articles of Association

The Memorandum of Association (MOA) and Articles of Association (AOA) are two important documents that govern a company's internal and external affairs in India. Both can be altered, but the procedure and scope of alteration are different. Alteration of Memorandum of Association (MOA) The MOA outlines the company's objectives...