Gandhi secured congress approval of non-cooperation movement in 1920‚ he also formed alliance with the Muslim supporters of the Ottomoan khilafat. It was the first mass political movement. The main objective of this movement is to boycott British goods‚ schools‚ law courts and advocacy of the use of charkha. The movement was supported widely the important figues including CR Das and Motilal Nehro gave up their legal practices. Popularization of ’khadi’ and ’charkha’ by the congress volunteers. This
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1390 IEEE TRANSACTIONS ON PARALLEL AND DISTRIBUTED SYSTEMS‚ VOL. 22‚ NO. 8‚ AUGUST 2011 A Generic Framework for Three-Factor Authentication: Preserving Security and Privacy in Distributed Systems Xinyi Huang‚ Yang Xiang‚ Member‚ IEEE‚ Ashley Chonka‚ Jianying Zhou‚ and Robert H. Deng‚ Senior Member‚ IEEE Abstract—As part of the security within distributed systems‚ various services and resources need protection from unauthorized use. Remote authentication is the most commonly used
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THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSESTS AND ENFORCEMENT OF SECURITY INTEREST ACT‚ 2002 (54 OF 2002) An Act to regulate securitisation and reconstruction of financial assets and enforcement of security interest and for matters connected therewith or incidental thereto. BE it enacted by Parliament in the Fifty-third year of Republic of India as follows: -- CHAPTER I PRELIMINARY 1. Short title‚ extent and commencement (1) This Act may be called the Securitisation and Reconstruction
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with the appointment of administrator: s 435C(1). In this phase‚ the company is put under moratorium. Under moratorium: * Creditors should stay all legal proceedings against the company except by the administrator’s consent or court’s order : s 440D * A company under VA cannot be wound up voluntarily except as provided by s 446A: s 440A * Secured creditors cannot take possession of property except by the administrator’s consent or court’s order: s 440B * Owners/lessors of property
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All or a combination can be used. Correct Feedback A troubled debt restructuring is a process whereby creditors grant concessions to the debtor that they would not consider otherwise. These actions could included accepting assets or equity interest to settle debt or modification of terms of the debt. Incorrect Feedback A troubled debt restructuring is a process whereby creditors grant concessions to the debtor that they would not consider otherwise. These actions could included accepting
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respect of any loan‚ who becomes borrower of a securitisation company or the reconstruction company consequent to acquisition by it. Property (i) Immovable property (ii) movable property (iii) any debit or right to receive payments of money whether secured or unsecured (iv) receivables whether existing or future (v) intangible assets being knowhow‚ patent copyright‚trade mark‚ license‚franchise or any other business or commercial right of similar nature. Authroised Officer As per SARFAESI rules
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he LThe Law of Distressed Real Estate Foreclosure‚ Workouts‚ Procedures By Baxter Dunaway This article is a reprint of Chapter 24 of The Law of Distressed Real Estate‚ and includes the latest information in real estate workout‚ foreclosure and bankruptcy law. It is an exhaustive analysis and dissection of the bankruptcy reorganization process under Chapter 11 of the Bankruptcy Code and focuses on single-asset real estate entities and cases. This chapter was written by John C. Murray‚ Esq.‚ Vice
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bankruptcy filings -- the debtor and the creditor. The debtor is the party who has debt‚ or owes money‚ to the creditor. A debtor can be a company or an individual. The creditor is an organization or company that claims the debtor owes property‚ service‚ or money. Most bankruptcy cases involve several creditors. The purpose of this document is to explore Bankruptcy. Debtors can have two different types of debt -- secured and unsecured. With secured debts‚ creditors have the legal right to something of
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Bankruptcy Law Bankruptcy law in the US has two goals: to protect a debtor by giving them a fresh start free from creditor’s claims‚ and to ensure equitable treatment to creditors who are competing for debtor’s assets. Bankruptcy Proceedings * The role of Bankruptcy Courts * Bankruptcy proceedings are held in federal bankruptcy courts. * These courts fulfill the role of an administrative court for the federal district court concerning matters in bankruptcy. * These matters
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leather merchant in Victorian England. He set up a company with the required seven shareholders (his wife and kids). He lent the company money (as a secured creditor) and then borrowed more money and got into financial trouble. The question of law was who should be paid first‚ unsecured creditors (like employees and utility bills) or himself as a secured creditor. The UK Court of Appeal was anti-semetic and felt Salomon was a fraud and his company was a "sham". But the House of Lords court stated that
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