Law Research

Technological advancements have considerably aided digital lending. Individuals can get cash infusions from digital lenders. The demand for online loans has skyrocketed in recent years. The Reserve Bank of India (RBI) has issued Digital Lending Guidelines for all commercial and cooperative banks, as well as NBFCs. Regulated entities (REs) are responsible for ensuring that Lending Service Providers ("LSPs"), Digital Lending Apps ("DLAs"), and LSP DLAs comply with the Guidelines. The REs include all commercial and cooperative banks, as well as non-banking financial institutions. On behalf of the RE, the LSP handles lender tasks such as customer acquisition, monitoring, and recovery. DLAs are websites or mobile applications that provide loans to their customers; this covers both RE applications and the LSP for the credit facility. 1. Loan Disbursal Directly to borrowers Account To promote transparency and avoid operational ambiguity, REs must ensure that loan dis

  In recent years, drones have grown and are vital to the operations of many businesses and government agencies, penetrating through sectors where particular industries had been stagnant or lagging behind. Drones are proving to be incredibly beneficial in places where humans are unable to go and can execute tasks quickly and efficiently, such as making rapid deliveries during rush hour or surveying an inaccessible military facility. The Drone Rules 2021, which are significantly more liberal than the previous regime for unmanned aircraft systems, have been notified by the central government. The new guidelines reduce a number of processes and clearances, which should make drone operations easier for civilian drone operators. Abolishing Drone approvals To begin, the Drones rules eliminate a number of permissions that were previously required before to applying for a drone licence. As a result, an applicant will no longer need to give a drone's unique authorisation number, uniqu

  Technology is now an integral part and has influenced many spheres of our lives. While many individuals are unconcerned about the presence of technology in their life, it is not unusual for them to discover how much it has influenced the quality of their relationship and how it might harm them in the event of a divorce. Technology that we use and the data that we generate on a day-to-day basis can have lasting consequences in the event of a breakdown of a marriage. Shared Technology Passwords, social media accounts, mobile phone plans, and accounts for services like Amazon or Netflix is frequently shared by couples. While combining accounts and services is handy, keep in mind that your spouse has access to a lot of your personal information, including what you look at online, who you email, what you buy, and who you contact or text. While this is not in itself a problem, but it can provide a critical foundation for knowledge that might lead to conflict in situations where trust

Recent order in India has banned 59 Chinese apps including TikTok, Shareit, Mi Video, and UC Browser amid tension between two countries. The country’s IT ministry invoked Section 69A of the IT Act 2000 that lets the government block services if they’re deemed dangerous for sovereignty and integrity of the country. So in this article let's understand the Laws regarding Blocking of Websites and Apps in India  Laws Regarding the Blocking of websites and Apps in India In India, there are various laws that regulate the working of Websites and Apps. These laws are meant to govern the content of websites in order to maintain peace and morality among citizens. The Information Technology Act 2000 is the law that primarily deals with cyberspace in India. The laws that lay down the provisions for blocking of websites are 1) Information Technology Act 2000(Section 69) & Information Technology (Procedure and Safeguards for Blocking for Access of Information by Public) Rules, 2009. Inf

Introduction Partnership firms in India are governed by the Indian Partnership Act 1932. Partnership is a special kind of Contract. Section 4 of the Indian Partnership Act 1932 defines the term "Partnership" as the relation between persons who have agreed to share the profits of a business carried on by all or any of them acting for all. Persons who have entered into a partnership with one another are called individually as, “partners” and collectively “a firm”, and the name under which their business is carried on is called the “firm name”. Relation of Partners with One Another  The mutual relations between the partners of a firm come into existence through an agreement between all the said partners. Partners can determine their mutual rights and duties by a contract called partnership deed, which largely determines the aspects of general administration, such as which partner will do what work, what will be their share in profits, etc. The partnership deed may be varie

Citation :-ILR 2005 KAR 2210, 2006 144 STC 59 Kar Decided on:- 31 January 2005 Background An important question as to whether an Automated Teller Machines(ATM) can be termed as a computer came up before the courts in this case. In the state of Karnataka under state tax law, electronic goods were taxed at rate of 12% while computer terminals were taxed at 4%. The question was at what rate will an ATM be taxed and under what schedule of the state tax law will it fall. Whether an ATM is an electronic good or a computer terminal was needed to be clarified by the court so as to decide what will be the tax that Diebold Systems will be liable to pay   Facts  This case came up before the Karnataka High Court as an appeal. The appellants in this case, which is Diebold Pvt Ltd is a company engaged in the manufacture and supply of Automated teller machines(ATM). The Company in order to clarify the rate of tax that is applicable on the sale of ATM approached the Advance Ruling Authority

Introduction:- The Motor vehicles Act, which was passed in the year 1988 by the Indian parliament, governs almost all aspects of vehicles of Road Transport in India, from traffic regulations to permits and penalties. In a recent case of Surendra Kumar Bhilawe V. The New India Assurance Company Limited, issues regarding ownership of a vehicle came under question. The case is of importance as the process of RC Transfer in our country which involves the complete transfer of the vehicle and its legal liabilities to the buyer is a lengthy and complex one and any kind of complications if arise in between these proceedings, issues related to who will be considered as the owner and hence their subsequent rights and liabilities will arise depending upon the ownership of the vehicle in question. Motor Vehicles Act: The Supreme Court of India, through its judgement in the case of Surendra Kumar Bhilawe vs. The New India Assurance Company Limited has clarified that “Ownership” will mean th