Author name: CS P. Surya Prakash

  Purpose: An act to prevent the improper use of certain emblems and names for professional and commercial purposes. Background: There are number of instances that come to light in India and abroad on the use of Indian National Flag and emblem and of the names or pictorial representation of Mahatma Gandhi and other national …

The Emblems and Names (Prevention of Improper Use) Act, 1950 Read More »

Purpose: SARFAESI Act enables and empowers the secured creditors to take possession of their Securities, to deal with them without the intervention of the court and also alternatively to authorize any Securitization or Reconstruction Company to acquire financial assets of any Bank or Financial Institution (FI). The Act has been empowered with the overriding effect …

The Securitization and Reconstruction of Financial Assets and Enforcement of Security Interest Act, 2002 (SARFAESI) Read More »