by admin | Apr 17, 2020 | Updates
RBI has taken following measures to (i) maintain adequate liquidity in the system and its constituents in the face of COVID-19 related dislocations; (ii) facilitate and incentivise bank credit flows; (iii) ease financial stress; and (iv) enable the normal functioning...
by admin | Apr 13, 2020 | Newsletter
Introduction Finance Act 2013 introduced Section 194-IA with an intention to curb the indirect inflow of black-money into the Indian real estate sector. Prior to this as well Indian government has always intended to put a stoppage over the cash dealing in the Indian...
by admin | Apr 11, 2020 | Article
Whether an employer is liable to pay wages for the period of lockdown due to COVID- 19? The Home Secretary, Ministry of Home Affairs, Government of India vide Order No. 40-3/2020-DM-I(A) 1 dated 29.03.2020, directed the State/ Union Territories Authorities to take...
by admin | Apr 11, 2020 | Article
What is a Force Majeure Clause? ‘Force Majeure’ clause is a provision in a contract that exempts a party from performing his contractual obligations which have become impossible or impracticable due to an event or effect which the parties could not have...
by admin | Apr 10, 2020 | Article
Introduction This document is the property of INMACS and contains confidential information that has been provided at your request. This information should not be disclosed in whole or in part without express written consent of the Company. This document should not be...
