Danger of Deploying Weapon and Nuclear Power in Space

Author : Prashant R Dahat A nuclear weapon is a weapon which derives its destructive force from nuclear reactions of fission or fusion. As a result, even a nuclear weapon with a relatively small yield is significantly more powerful than the largest conventional explosives, and a single weapon is capable of destroying an entire city. In the history of warfare,...

Securities and Insurance Laws (Amendment and Validation) Act, 2010 (No. 26 of 2010)*

An Act further to amend the Reserve Bank of India Act, 1934, the Insurance Act, 1938, the Securities Contracts (Regulation) Act, 1956 and the Securities and Exchange Board of India Act, 1992. Be it enacted by Parliament in the Sixty-first Year of the Republic of India as follows: – CHAPTER I Preliminary Short title and commencement 1. (I) This Act may...

The Securities and Insurance Laws (Amendment and Validation) Ordinance & Act, 2010

Author : VS Warrier The Securities and Insurance Laws (Amendment and Validation) Ordinance, 2010 The conflict between the two major regulators viz. SEBI and IRDA, over the hybrid instruments like ULIPs required an immediate solution. Since the Parliament was not in session tan Ordinance was passed by the President of India on 18th June 2010. Chapter I of...

Recognition of States

Author : VS Warrier The growth of international law is best understood as an expanding process from a nucleus of entities which have accepted each other’s negative sovereignty and on the basis of consent, are prepared to maintain and possibly expand the scope of their legal relations like most clubs, the society of sovereign states is based on the principle...

Cover note in the Contract of Insurance

Author : VS Warrier A Cover note is an interim receipt issued by the insurer. It is temporary in nature. in practice on making the proposal, the insured company on payment of premium gives a deposit receipt called Cover note. It is also called an Interim Protection Note. It contains the same terms and conditions as that of the future policy to be issued in favour of the insured. It is issued in non-marine...

Public and Private Company

Author : VS Warrier Public and Private Company “A Company means, a company formed and registered under the Companies Act, 1956 or any preceding Acts.” the word company is used to denote an association of persons who have associated together to conduct or to carry on a business for gain. The persons associating together will contribute money...

Unilateral exploitation of water by the government and possible limitations

Sandeep Menon Nandakumar1. Water, a basic resource, is essential for life, crucial for relieving poverty, hunger and disease and critical for economic development. Hundreds of millions of men, women and children still do not have proper water for drinking and sanitation. Lack of adequate water resources leads to stunted agricultural or industrial growth forces...

Innovation of a Business Enterprise

Author : Aditya Patnaik WHAT IS INNOVATION? [Creation + Development + Implementation] new product or service = efficiency, effectiveness and competitive advantage. Innovation is the outcome of new creative ideas related to products, services, process and transforming them into reality through application of research and technology for the benefit of the...