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Partnership Property after Dissolution of Firm

  Author: Sachin Sreenivas, BMS College of Law, Bangalore E-mail: - [email protected] Introduction: Dissolution of a partnership firm entails closure of the business of the partnership, settlement of books and accounts of the partnership and distribution of the surplus property (i.e. remaining property of the partnership after settlement of debts and liabilities of the firm) among partners as per their respective shares in the partnership firm. The dissolution of the partnership between all the partners of a firm is called the ‘dissolution  of the firm‘.   After this, A partnership firm cannot do any kind of business activity with anybody. It can only dispose of the assets of the firm to realize the amount, pay the liabilities of the firm, and discharge the claims of the partners.   Partnership Property: According to Section 14 of The Indian Partnership Act, 1932, Subject to contract between the partners, the property of the firm includes all property and rights and interest i

Artificial Intelligence and Product Liability Partnership

  Riya [email protected] ARTIFICIAL INTELLIGENCE AND PRODUCT LIABILITY PARTNERSHIP Artificial intelligence (AI), despite the fact that now it is no longer absolutely new, is one of the warm subjects withinside the era internationally permitted with disrupting the financial system and favourably reworking society. In contemporary times, artificial intelligence is not only restricted to advancing technology be that as it may, with its capacities of performing exercises and gaining as a matter of fact has made it perhaps the most ground-breaking field. Today, artificial intelligence finds its uses among things, rights from consumer appliances, voice assistants, health care, autonomous vehicles, etc. In fact, we are becoming more and more dependent on systems operating with artificial intelligence for the maintenance and functioning of a physical and digital infrastructure. But what is the most important thing to keep in mind is that the law should also advance with the advancement of

Criminal Law (Amendment) Act ,2013 in the light of Acid Attacks

  Authoer: Nikita Sharma, Jayoti Vidhyapeeth Women's University  INTRODUCTION The word 'crime' has made such a significant place that this word remains on everyone's tongue. Who can be blamed for this? The answer in the simple words is that crime is not a creature of God, it is one of a creature of human beings. This is the worst invention ever made by humans. Human beings are only one who is responsible for the heinous crime which made our life difficult to live safely and peacefully. There was a time when acid was used for household purposes only but now it's work has been reformed and used for destroying the whole life of people. Acid throwing is one of the most dangerous and life-destroying crimes in the world. This crime is increasing day by day and as usual most of the victims are women. The number of acid attack cases reported across India was 182 in 2020.  (Kanwal, Sanyukta. “• India: acid attack cases 2020.” Statista, Available at :https://www.statista.com/

All you need to know about CPIB 2022

  Author: Chinmay Chaturvedi, National Forensic Sciences University All you need to know about the Criminal Procedure (Identification) Bill, 2022 As the society has progressed, so has arisen a need for development of the pre-existing laws. Keeping in mind the dynamic relationship between law and society, a hundred-year-old law is subject to greater misuse as compared to a recent law. Laws need to be changed according to the changes in society. For instance, back in the 18th century, there was no concept of cybercrimes, but here we are in the 21st century, framing laws for the protection of cyberspace. Keeping in mind this concept, the government recently introduced a bill in the Lok Sabha. The Criminal Procedure (Identification) Bill, 2022, introduced in the Lok Sabha on March 28, 2022, seeks to replace the Identification of Prisoners Act, 1920. The former act allowed police officers to collect certain identifiable information (fingerprints and footprints) of the people involved in the

Corporate Law as a Profession

  Author: Astha Shukla, Baba Saheb Ambedkar college of Law RTMNU Scope India’s service sector provides for 54% of India’s GDP. Corporate sector in India is Growing at a rapid speed. There are many opportunities for the young lawyers in the corporate sector to pursue. Time’s are changing. People need tech savvy, efficient working people who solve legal matters by remote working as well. Objectives The corporate law deals with the merger, acquisition, litigation, International trade related issues, legality of the commercial transactions. Corporate lawyers are assigned with different responsibilities such as preparing the legal document for the proceedings of the court, protecting the company against legal violation, filing of a contract, providing the legal advice to employees regarding the rights and duties. Workplace for corporate lawyers Corporate lawyers specialise in in mercantile field therefore they can represent corporations, entities, partnership, any firm or bank Other than th

Religious Crimes in Developed and Developing Countries

  Author: Rudraksh Singh  Amity Law School, Amity University, Noida  [email protected] “Religion does not consist in erecting temples, or buildings or churches, or attending public worship. It is not to be found in books, or in words, or in lectures, or in organizations. Religion consist in realization” - Swami Vivekananda INTRODUCTION Religion has played a very important role since precedent days in many countries. It forms the idea of human existence within which the followers need to abide by moral rules. It refers to the simplest way of life consisting of customs, traditions, and practices for the people to follow. Before the emergence of democracy, people were obliged to obey religious laws and claim religious rights. Therefore, it's evident that religion has played the role of law in primitive society which gave rise to the formation of religious laws.   RELIGIOUS CRIMES Closely associated with religion are religious crimes which unfortunately is an everyday fact mo

GDPR And Its Impact on Indian Companies

  Author: Ridhima Singh,  Allahabad University Introduction Personal Data refers to any personal information related to an identified person or identifiable people such as name, location, identification numbers, and many factors if misused can cause a breach in social security of the people. For any country, the personal information of the citizens is an asset to the country so it's the duty of the government to safeguard that data and provide proper regulations and protection laws for it. Data Protection refers to laws related to the privacy of individuals from getting corrupted or misused. It makes sure that there is stabilized use of personal information of the person for business purposes without causing damage to the privacy. GDPR (General Data Protection Regulation) The GDPR is the law that was formulated by the European Parliament on April 14, 2016, and came into force on May 25, 2018. The main focus was to safeguard individuals' personal data from being hacked or misuse