Capital market is considered as major source from which corporate prefer to raise funds by way of primary market and secondary market. Primary market deals raising funds by way of offering equity capital to the public. However secondary market concern with dealing with shares issued and listed on stock exchanges. Where corporate may pour the finance in the company by way of public...
Corporate finance is the field of finance dealing with financial decisions that business enterprises has to make. The primary goal of corporate finance to maximize corporate value while managing the firm’s financial risks. Although it is in principle different from managerial finance which studies the financial decisions of all firms, rather than corporations alone, the main...
Foreclosure is a procedure that takes place when the borrower is not able to pay the loan on time. Due to this reason the lender would declare the borrower as default. If the borrower is not able to pay the loan on time then the lender would try to sell the property and recover the loss that was made by the lender. Foreclosure would have an effect on the credit of the borrower. The...
A Credit Card is a convenient and easy alternative to currency notes. In India, first credit card was introduced in 1981 and today it has about 50 million Credit card users. Swiping the credit card is much simpler than carrying a bundle of notes in the purse everywhere we go. However, simpler does not in any way imply safer. The crime of Credit Card fraud has become as rampant as...
The firm peoples experience and ability to handle various matters provides best options for a client to investigate credible risk, prevent loss, damage or injury. A Risk Assessment is a systematic method of looking at work activities, considering what could go wrong, and deciding on suitable control measures to prevent loss, damage or injury in business. The Assessment should include...
Laws that govern banking in India are:
Reserve Bank Of India Act
Banking Regulation Act
Negotiable Instruments Act
Recovery of Debt Due to banks and Financial Institutions Act
Foreign Exchange Regulation Act (FERA)
Foreign Exchange Management Act (FEMA)
Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 Etc.
The Indian...
THE NEGOTIABLE INSTRUMENTS ACT, 1881
Holder’s right to duplicate of lost bill Section 45A.
1. The finder of lost bill or note acquires no title to it. The title remains with the true owner. He is entitled to recover from the true owner.
2. If the finder obtains payment on a lost bill or note in due course, the payee may be able to get a valid discharge for it. But the true owner...
Credit has to do with the amount of funds that an individual or a business may be able to borrow from lending institutions. In effect, bank credit is a measure of how much in the way of cash loans may be issued, based on the credit history and the assets of the company or person. The firm can be helpful to provide upto date guidelines and information about how bank credit works, and...
The Firm backed by a team of skilled professionals, Consultants providing effective legal services for Banking and Debt Recovery Law and linked areas as per the requirements of clients in different specifications. We offer Credit, Banking laws, Finance,DRT & DRAT Litigation, Securitisation Litigation, Secured Finance, Mortgages, Pledges, Foreclosure, Insolvency Securitisation Etc....
Considering the recession impact on the Indian economy, the need has been felt of specialized services in the insolvency laws, which will be definitely complied by our association. As insolvency in corporate has various compliances are required to be done. Authorities in insolvency proceedings are High Court and BIFR, from whom approvals are required for smooth dissolution of...
