Until the emergence of debt collection business, debt collection in India, was never treated as a specialized job and was always treated as one of the jobs that legal departments of the banks and financial institutions were required to undertake. A typical legal department of an organization would approach the collection job strictly as a legal issue rather than as a revenue collection measure. Litigation would be the only tool used for recoveries and no other tool was either known or used by the industry. Litigation as a recovery measure …

Women’s rights, as a term, typically refers to the freedoms inherently possessed by
women and girls of all ages, which may be institutionalized, ignored or illegitimately
suppressed by law, custom, and behavior in a particular society. These liberties are
grouped together and differentiated from broader notions of human rights because they
often differ from the freedoms inherently possessed by or recognized for men and boys,
and because activism surrounding this issue claims an inherent historical and traditional
bias against the exercise of rights by women.
Issues commonly associated with notions of women’s rights include, though are not
limited …

Foreign companies may set up business in India in any one of the following manners while retaining its status as a foreign company:
Liaison Offices – A foreign company can open a liaison office in India to look after its Indian operations, to promote its business interests, to spread awareness of the company’s products and to explore further opportunities. Liaison offices are not allowed to carry on any business or earn any income in India and all expenses are to be borne by remittances from abroad.
Project Offices – The project office …

A company incorporated in India under the Companies Act, 1956, being a legal personality, has to obey all the laws enacted by the Government of India for its creation, continuation and association with the parties of the outside world.
The main laws which will impinge upon the existence of a company in the corporate sector are:
-The Indian Companies Act, 1956;
-Foreign Exchange Management Act, 1999;
-Laws on Foreign Investment in India;
-Laws on Financial Systems and Capital Markets;
-Immigration Laws; and
-Taxation laws of India.
COMPANIES ACT
The existence of a legal framework is perhaps the most significant …