The Sarbanes-Oxley Act of 2002 Name Tutor Institution Course Date Introduction The numerous scandals that involved corporate and investors in the year 2002 such as Enron‚ WorldCom and Tyco came as shock to many investors in the United States. Many investors lost their money to fraudulent activities by accountability corporate making them loose confidence in financial statements provided. Such loses created concern within the government prompting them to overhaul all the
Premium Internal control Enron
THE MONOPOLISTIC AND RESTRICTIVE TRADE PRACTICES ACT‚ 1969(MRTP ACT) The Monopolies and Restrictive Trade Practices bill was introduced by the Rajya Sabha in 1967 and drastic changes were made by the Joint parliamentary committee. It was finally passed in the house in on 18 December 1969 and got president’s assent on December 27‚ 1969‚ but was brought in force from June 1‚ 1970. The directive principles of our constitution suggest that ownership and control of material resources should be widely
Premium Colgate-Palmolive Sherman Antitrust Act Capitalism
In 1764 England passed the first series of taxes on the colonist‚ known as the Sugar Act and the Currency Act. As a result it would be the beginning of colonial opposition against the crown. These Acts were a result of England’s debt after the Seven Year war and they saw the colonies as a source of revenue. When England implemented the Sugar Act it actually cut taxes on English goods‚ and in so doing it thought it would reduce smuggling from the French West Indies‚ but it had the opposite effect
Premium United Kingdom Stamp Act 1765 Colonialism
[File split into 3 Parts for easy downloading Part I] LAW COMMISSION OF INDIA CONSULTATION PAPER ON REVISION OF THE INSURANCE ACT 1938 & THE INSURANCE REGULATORY & DEVELOPMENT ACT 1999 June 2003 consultation paper can also be downloaded from http://lawcommissionofindia.nic.in Comments and suggestions on the consultation paper can be sent to vnathan@nic.in Member-Secretary before 10th July 2003 by by email to or mail to Room No 730 ‘A’ Wing Law Commission of India 7th Floor‚ Shastri Bhavan
Premium Insurance
Introduction The Indian Partnership Act‚ 1932 lays down the important provisions relating to partnership contracts. The subject of partnership is included in item 7 of the Concurrent List of in Seventh Schedule to the Constitution of India and therefore Parliament and Legislature of any State have power to make laws with respect to this matter as provided in Article 246 of the Constitution. According to the Section 4 of Indian Partnership Act‚ 1932 “Partnership is the relation between persons
Premium Partnership Corporation
1.THE INDIAN ADMINISTRATIVE (CADRE) RULES‚ 1954 SERVICE In exercise of the powers conferred by sub-section 1 of Section 3 of the All India Services Act‚ 1951 (LXI of 1951)‚ the Central Government‚ after consultation with the Governments of the States concerned‚ hereby makes the following rules namely:1. Short title: - These rules may be called the Indian Administrative Service (Cadre) Rules‚ 1954. 2. Definitions: - In these rules‚ unless the context otherwise requires (a) ‘Cadre officer’ means
Premium State Sovereign state Government
popular item during the times of the colonists. The British East India Company‚ which was the main supplier of tea at the time‚ had found itself in near financial ruin. Britain believed that they could fix the situation by passing the Tea Act of 1773. They assumed it would be extremely beneficial to both the company and the colonists; however‚ they were profoundly incorrect. The Tea Act stated that the British East India Company could sell directly to the colonists‚ and eliminate tea merchants altogether
Premium Boston Tea Party East India Company British Empire
Entrepreneurial Development Tara Anand Kumar INDEX * Success company – Flipkart.com Akul Singhal – 1011330 * Failure Company – Atkins Nutritionals Inc Tara Anand Kumar – 1011327 * Turnaround company- Dish Network Inc. Abhisekh Tripathy – 1011328 * Conclusion SUCCESS COMPANY FLIPKART Flipkart is an Indian online shopping company headquartered in Bangalore‚ India. Flipkart was established by Sachin Bansal and Binny Bansal both
Premium Obesity
and to torious liability‚ see case Scott v Shepherd 1773. And the person who wronged sues in the court for compensation. * The difference of tortious and contractual liability In tort claim‚ anyone who has suffered losses because of a wrongful act of defendant can claim for their damage without being necessary to have any previous transaction or relationship with the defendant. For example‚ a passenger can sue a motorist for making him suffer injury when they have accident on a road. In contrast
Premium Tort Tort law
A SUMMER INTERNSHIP REPORT ON EFFECTIVNESS OF SARFAESI ACT AND DRT IN LOAN RECOVERY PROCESS UNDERTAKEN AS A PART OF MANAGEMENT OF BUSINESS FINANCE SUBMITTED BY: RAHUL NIGAM INDIAN INSTITUTE OF FINANCE UNDER THE SUPERVISION OF Mr. NAVIN NAMBIAR ASST. GENERAL MANAGER DEPARTMENT OF BANKING SUPERVISION RBI‚ NEW DELHI DECLARATION I hereby declare that this report on “EFFECTIVENESS OF SARFAESI ACT AND DRT IN LOAN RECOVERY” has been written and prepared by me during the academic
Premium Debt Bank