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Category: Legal

Explore Registrationkraft’s Legal Category blog posts to learn about the Legal updates, Laws, and Acts.

Powers of National Company Law Tribunal

When the Companies Act 1956 was still in force, the Company Law Board (CLB) would adjudicate matters related to company law. However, when Companies Act 2013 came into force, the CLB was dissolved and the National Company Law Tribunal (NCLT) was established.  NCLT means a quasi-judicial body in India which decides on matters concerning companies […]

Bailable vs Non-Bailable Offence: Key Differences

On the basis of whether an accused individual is entitled to be released on a bail while awaiting trial, two types of crimes persist in India, namely, bailable and non-bailable offences. Both these offences are governed by Bharatiya Nagarik Suraksha Sanhita (BNSS). In this blog post, we will explore the meaning of bailable and non-bailable […]

What is forged will and how can you Identify it

In today’s time, many people have become selfish and greedy. Because of this, they create fake documents to claim immovable and movable assets which they don’t actually have a legal right over. A common example is a forged will that unfairly gives most of the property to one person. If you believe a will is […]

NSDL gets SEBI’s nod for IPO

National Securities Depository (NSDL) initial public offering (IPO) has been approved by the Securities and Exchange Board of India (SEBI) more than a year after the depository filed the offer document.  On September 30, the market regulator released its final comments regarding the draft red herring prospectus (DRHP), which was submitted in July 2023. Between […]

PFRDA launches scheme with higher equity

The Pension Fund Regulatory and Development Authority (PFRDA) has introduced a new life cycle plan called Balanced Life Cycle Fund (BLC) under the National Pension System (NPS) in October, 2024. This plan will let people invest 50% of their savings in stocks until they turn 45.  The goal is to help increase the retirement savings […]

Life insurance policyholders get higher early-exit payouts

From October 1st onwards, new rules have been introduced in the life insurance industry that offer higher payouts if you exit early. This change is part of updated rules from the Insurance Regulatory and Development Authority of India (IRDAI), first announced in March, with more details given in June. The rules already apply to new […]

What happens if the Borrower fails to Repay the Loan

Many people and businesses take loans for personal and professional reasons, respectively. However, at times of financial crisis, they may fail to repay the loan. An individual might fail to repay the loan after losing their job or due to a medical emergency. A business might fail to repay the loan because it faced some […]

DGCA to issue Electronic Licenses

Aviation industry regulator Directorate General of Civil Aviation (DGCA) is getting ready to issue licenses to Air Traffic Controllers (ATCOs) in electronic form as part of its plan to go paperless and embrace the digital age.  With the new electronic licenses, ATCOs will be able to easily access and manage their licenses on devices like […]

NSE and BSE Revise Transaction Fees

On 27th September, the Indian Stock Exchanges National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) updated their market segment fees to comply with the Securities and Exchange Board of India (SEBI) true-to-label circular, which stipulates uniform fees regardless of turnover. Up until recently, the exchanges were charging slab-wise fees that were determined by […]

PM Modi launches 3 PARAM Rudra supercomputers

With the launch of the Param Rudra Supercomputing System, Prime Minister Narendra Modi has achieved a major step forward in India’s technical development and independence. The Centre for Development of Advanced Computing (C-DAC) built the cutting-edge facility, which significantly enhances the nation’s capacity for high-performance computing.  Param Rudra Supercomputer: What Is It? Named after Lord […]